00:01
So in the given question we are asked about the five step decision making process.
00:07
We have to describe the five step, five step decision making process.
00:24
So first let's write down five of these steps, right? so these steps are, so what we need is the first step is to identify the problem and uncertainities.
00:45
Identify the problem, problem and the uncertainities regarding this problem.
00:55
So, what we can see over here is that when an organization is dealing with a decision making, as dealing with a destiny making process, when they look at the matter, what they do first or what they should do in the decision making processes, they should first identify the problem and the uncertainities regarding this matter.
01:22
Then in the second step once they have identified the problem they should obtain information regarding the problem, right? so we have to gather information before making a decision so that it would help the managers gain a better understandings of the different uncertainities that we have discovered in the first step.
01:50
Now moving on, the third step is make predictions about the future.
01:58
Make predictions about the future...