Question

Elvin, a manager at Humble Bee Cereals, is faced with the problem of declining sales. After a thorough examination of the situation, he comes up with two courses of action. He contemplates whether to improve the packaging or offer price discounts to boost the sales of the cereals. Identify the step of decision making in which Elvin is involved.

Answer 1

Answer: Analyzing options

Explanation:

Analyzing the options is one of the process in which we analyzing the various types of options by proper evaluating the very possible outcome and the option analyzing process is one of the important concept in the project management as it helps in ensuring and consider all the possible outcomes by using our abilities.

The main objective of this type of concept is that finding the best or efficient option by proper evaluating the given concept.

According to the given question, Elvin is the manager at the humble bee cereals company and the next step is analyzing the options that helps in making the various types of decisions.

Therefore, Analyzing option is the correct answer.