Question

Libra Inc. chose to settle a lawsuit for $75 million. In the context of the rational decision-making model, when executives of the company begin to compare the cost of the settlement to those of other financial institutions, they will be _____.
a. developing a set of rational alternatives
b. evaluating the possible alternatives
c. consulting with other decision makers
d. recognizing and defining the decision situation
e. following up and evaluating the results of a chosen alternative

Answer

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