Flow diagram of process of Decision Making

Category: Bank
Posted on: Monday, September 18, 2017

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A flow diagram of process of Decision Making is as follows:

Steps in Decision Making Process:
1. Identification of Problem
2. Diagnosing the Problem
3. Establishing Specific Objectives
4. Identifying Limitations
5. Evaluating Alternatives
6. Selecting Appropriate Alternative
7. Implementing the Decision
8. Feedback