At what stage in the decision-making process would managers be most likely to seek customer or market opinion?

A) when identifying problems
B) when generating alternative solutions
C) when evaluating the alternatives
D) when choosing the best plan of action
E) when evaluating the decision


D
Explanation: D) There are five stages in the decision-making process. First the problem is identified. Then managers must generate alternative solutions. After generating them, managers must evaluate the alternatives. Once the alternatives have been evaluated they choose the best plan of action. The final step is to evaluate the decision. It is at the stage of choosing the best plan of action that management may seek customer or market opinion on the chosen plan of action before committing to it.

Business

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What will be an ideal response?

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Indicate whether the statement is true or false

Business

The Bass Model assumes that new product adopters are influenced by which two types of communications?

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A. between 1918 and 1945 B. since 1995 C. between 1946 and 1964 D. between 1965 and 1976 E. between 1977 and 1994

Business