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All main topics / Business Economics / Behavior, Managment and Organisation / BMO
367
Mel has exceeded her budget by at least $200 every month for the last three months. After recognizing that this is a problem, she decides to use the rational decision-making model to decide what to do. What might be the next step she takes if she follows this model?

A) determine what she needs to take into account when making her decision
B) choose a method to cut her expenses
C) weigh the relative importance of each of her expenses
D) come up with different ways that would either reduce her expenses or increase her income
E) evaluate different ways that she could use to either reduce her expenses or increase her income
a)

p.181

Accorcing to the 6 steps in tarional decision making model, step 2 is identifying the decision criteriaA
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Flashcard info:
Author: Elisa
Main topic: Business Economics
Topic: Behavior, Managment and Organisation
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010

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