Question

Which of the following examples would be considered a decision made through the decision analysis process? Answer 5 Tables Keypad

A. Ann decides to open a flagship restaurant based on advice from her friend.
B. Abe systematically polls every employee at her company and based on this information, decides not to open a new store in the neighboring city. C. Martin decides to establish a business since he feels it will be profitable.
D.Darnell decides to expand his business after reviewing the market outlook and the historical profits.

Answer 1

The example of a decision made through the decision analysis process is Darnell's decision to expand his business based on market analysis and historical profits, which aligns with a structured process and Cost-Benefit Analysis.

Step-by-step explanation:

Among the given examples, the one that would be considered a decision made through the decision analysis process is:

D. Darnell decides to expand his business after reviewing the market outlook and the historical profits.

This option illustrates a structured approach to decision-making, where Darnell employs analysis of market data and financial history, aligning with the principles of a Cost-Benefit Analysis. Such analysis involves weighing the potential costs and benefits before making a decision, contrasting costs such as money, effort, and other sacrifices against the benefits like monetary gain, time savings, or experience. The other options do not show evidence of a systematic or analytical approach to the decision-making process as clearly as option D does.