In: Accounting
Choose an organisation and a particular decision situation due to the current Pandemic.
Give examples using the above context, of each step in the decision-making process(1. Clarify the decision problem, 2. Specify the criterion, 3. Identify the alternatives, 4. Develop a decision model, 5. Collect the data and 6. Select an alternative).
Your project should include a summary of the nature and history of the company (stated above), Background elements of the decision selected and what circumstances have resulted in the decision needing to be made, the possible effects of the selected decision if implemented and use of Quantitative data.