The decision-making process is the identified process of making choices in the corporate or the firm. The decision-making process involves many and many steps along with gathering the information and then evaluating and analyzing them.
The most important step of the decision-making process is:
- Assessing the possible uncertainties in the future course of action. It is a must for any of the firms to assess or evaluate the possible risks or the uncertainties associated with the firm operation and functioning.
- The firm survives in the market by three objectives, profit maximization, growth, and customer satisfaction, but it is also covered with the market fluctuation that determines the firm's existence on the market.
To know more about the decision-making process, refer to the link below:
https://brainly.com/question/12523454
