How should a manager select the best possible course of action?
Tanya,
To select the best possible course of action the manager must do evaluation of each alternative in terms of costs and benefits. The alternative which minimises the cost and maximise the benefits should be opted or selected.
To select the best possible course of action the manager must do evaluation of each alternative in terms of costs and benefits. The alternative which minimises the cost and maximise the benefits should be opted or selected.