University of Central Florida (UCF) GEB4522 Data Driven Decision Making Final Exam Practice

Question: 1 / 400

What is typically the first step in the decision-making process?

Listing action steps

Analyzing data

Defining the problem

The first step in the decision-making process is defining the problem. This crucial step involves identifying and understanding the specific issue or challenge that requires a decision. By clearly defining the problem, a decision-maker lays a strong foundation for the subsequent steps in the process, such as gathering relevant data, analyzing options, and implementing solutions. Without a clear definition of the problem, efforts to analyze data or list action steps may become misguided or unproductive, leading to ineffective decision-making. This initial clarity is vital to ensure that the right questions are addressed and the appropriate data is collected, ultimately guiding the decision-making efforts toward a successful outcome.

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Measuring the outcome

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