Fundamentals of Management, 8th ed

F I G U R E 4 . 3

Evaluating Alternatives in the Decision-Making Process

Managers must thoroughly evaluate all the alternatives; this increases the chances that the alternative that is

finally chosen will be successful. Failure to evaluate an alternative’s feasibility, satisfactoriness, and

consequences can lead to a wrong decision.

Chapter 4: Managing Decision Making

1 0 7

Copyright 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).

Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.

---