Economics · Business Decision Making
Arrange the following steps in the logical sequence of business decision-making as they progress from initial identification to final operational choices: A. Selection of product, feasible price, and a target audience B. Identifying a profitable business avenue C. Estimation of demand to finalize production choices D. Assessment and allocation of funds and scarce resources Choose the correct answer from the options given below:
- 1B, D, A, C✓
- 2D, B, A, C
- 3B, A, D, C
- 4A, B, C, D
Correct answer
B, D, A, C
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