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Question
When the prices of oil came down, the demand for sport utility vehicles (SUVs) increased. Automakers chose to increase production of full-size SUVs as the profit from large vehicles is greater than that from small vehicles. Which step in the rational decision-making model is illustrated in the scenario?a. Developing a set of rational alternatives
b. Evaluating the possible alternatives
c. Selecting the best alternative and implementing it
d. Recognizing and defining the decision situation
e. Evaluating decision effectiveness
Answer
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