BU288 Lecture 2: Bu288 lesson 2

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Evaluate whether the problem identified in step i would be resolved if those alternatives are used. As one goes through this complex internal process, one begins to approve some alternatives, the ones those that seem to have a higher potential of making your strategy a success while rejecting others. We may choose a combination of alternatives as per the requirement. Implementation of decision: this is the action stage wherein the decision taken is finally implemented. Necessary resources are put to use and everyone work towards the fulfilment of the chosen decision. Review and control: in the final step, the outcome of decision taken in the previous step is evaluated. We need to find out how successful the decision has been in resolving the problem identified in first stage. If the decision has not resolved the identified problem, one may have to modify the decision, or take a new decision altogether.

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