In which step of the decision-making process are managers most likely to predict future manufacturing labor costs?
A) Step 1: Identify the Problem and Uncertainties.
B) Step 2: Obtain Information.
C) Step 3: Make Predictions About the Future.
D) Step 4: Make Decisions by Choosing Among Alternatives.
E) Step 5: Implement Decision, Evaluate Performance, and Learn.
C
Business