The final step in the decision making process is to: Multiple Choice make the decision. identify the decision problem. evaluate costs and benefits of alternatives. review the results of the decision. You wish to take an Excel course. (Step 1 of the decision-making process) You may enroll at one within your school or you may take a community class at the local library. (Step 2 of the decision-making process.) You've gathered the following information to aid in your decision-making process. College Course Costs/Benefits Cost Community Course $1,000 $3,000 Distance to course 0.25 miles (walking distance) 15 miles (driving distance) Weekday Weekend Timing of course Number of meetings Qualitative 16 8 Convenience, quality of instruction Flexibility, brief- duration considerations This information illustrates which step in the decision-making process? Multiple Choice Determine the decision alternatives. Evaluate the costs and benefits of the alternatives. Make the decision. Review the results of the decision. Which of the following is not another term for relevant costs? Multiple Choice O differential costs incremental costs opportunity costs avoidable costs
