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You are a manager of a firm that manufactures conventional ovens. Over the past several years, sales of many of your products have declined; this year your losses may be quite large. Using the steps of the decision-making process, briefly describe how you arrive at a strategy for correcting the situation.

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peaceazuka

Answer:

Using the steps of the decision making process, I will start with identifying the decison, gather information, identify the alternatives, weigh in evidence, choose the one that is relevant, take action and review my decision.

Explanation:

Step 1: Identify the decision: The decision in this case is the strategy for correcting decline in the sales of conventional ovens or strategy for increasing the sales of conventional ovens.

Step 2: Gather relevant information: this step will involve a thorough research to find out why sales declined, our competitors strength, how to break even and increase sales.

Step 3: Identify the alternatives: I will draw a list of alternatives based on the research carried out that will increase our sales going forward.

Step 4: Weigh the evidence: At this stage, I will compare the options to check its viability.

Step 5: Choose among alternatives: this is the stage where we I will arrive at a decision on which option to use.

Step 6: Take action: At this stage, execution takes place.

Step 7: Review: This is the evaluation phase that gives room for checks to determine the pros and cons of the decision taken.

marvineetesh3

Using the supports of the decision-making process, the person will start with identifying the decision, gather information, identify the alternatives, and the another steps of the decision-making.

What are the steps of decision-making?

The steps of decision-making process are:

  • To Identify the decision

  • Gather relevant information

  • Identify the alternatives

  • Weigh the evidence

  • Choose among alternatives

  • Take action

  • Review

Using the supports of the decision-making process, the person will start with identifying the decision in such a way that the strategy for correcting decline and increase in the sales of conventional.

Then gather the content to encounter out why sales go down, and the another aspects of to ascertain in the firms' growth. Then identify the alternatives to increase the production, based on the research.

Then, comparison the options to check its practicality. After choosing the options, choose its alternatives. And finally take the actions and make the reviews.

Therefore, all the above steps must be followed to grow the business.

Learn more about the decision-making process, refer to:

https://brainly.com/question/4434663

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