Answer the following statements true (T) or false (F)

1. Opportunities should be identified in the alternative evaluation stage of the decision-making process. 
2. Analyzing the underlying causes of a problem or an opportunity is called diagnosis.
3. Women investors make trades much less often than men, do a lot more research, and have better returns on average. 
4. When evaluating alternatives in decision making, you must assess cost and quality and also ask the question, "Is it simple?" 


1. FALSE
Opportunities are situations that present possibilities for exceeding existing goals and they should be identified in the first step in the rational decision-making process.
2. TRUE
Diagnosis is analyzing the underlying causes of problem or opportunities in order to change conditions from the present to the desirable.
3. TRUE
According to LouAnn DiCosmo, "Women trade much less often than men, do a lot more research," and women's portfolios on average gain 1.4% more than men's, and single women's portfolios do 2.3% better than single men's.
4. FALSE
You need to evaluate each alternative not only according to cost and quality but also according to the following questions: (1) Is it ethical? (2) Is it feasible? and (3) Is it ultimately effective?

Business

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