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By first doing research, managers can be sure that their decisions are based on actual data (and not guesswork) and that their decisions are relevant to actual market forces (and not only their imagination).

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What does business decision making process have to do with operation research?

When managers have to make decisions it should be based on thorough research. With operations research, management can implement the best actions based on their research.


What are the steps involved in business research decision making process?

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What step of the decision-making process should be ongoing throughout the life of the decision?

Evaluation is a step of the decision-making process that should be ongoing throughout the life of the decision. Regularly evaluating the outcomes and impacts of the decision allows for adjustments to be made if necessary, ensuring that the decision remains effective and relevant.


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