When evaluating the six-step decision making process, what occurs during the solution selection step?
A. The process will begin again if the decisions made were incorrect
B. Definition of the problem as clearly and precisely as possible
C. Details of every solution possible including ideas that seem far fetched
D. The solution that best solves the problem is selected
Answer: C. Details of every solution possible including ideas that seem far fetched
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Orlando is getting ready for his first performance evaluation at the accounting firm
His manager asked him to select several colleagues, subordinates, and clients to complete forms rating his performance, which they will submit anonymously. What type of evaluation process does the accounting firm use? A) rank-and-yank system B) subjective appraisals C) 360-degree assessment D) self-appraisal E) behavioral appraisal
Swings in discretionary financing needed can be caused by
A) firm profitability. B) the growth rate of sales. C) the need to upgrade technology and physical assets from time to time. D) all of the above.