To improve decision-making abilities, managers shoulda. rank various alternatives even when all relevant information is not available. b. ignore biases and personal style for making decisions. c. list the criteria that are being used to assess and evaluate alternatives and evaluate if the factors are appropriate. d. concentrate on planning for the future instead of analyzing past decisions. e. pursue the most economically superior alternatives despite the threat of cannibalization to other areas of the business.

The correct answers are A, B, and C.

To improve decision-making abilities, managers should A) rank various alternatives even when all relevant information is not available. B) ignore biases and personal style for making decisions. C) list the criteria that are being used to assess and evaluate alternatives and evaluate if the factors are appropriate.

Managers are paid to make decisions and show good results. They are responsible for the company's operations. So decision making is of the utmost importance for managers. So managers have to understand the nature of the problem to get the best decision available. It has to use the cost-benefit analysis, consider two or three options, evaluate each one and consider the feasibility of each regarding the nature of the problem. pick one alternative, make the decision, follow-through, and evaluate the results.

be mindful of your own reaction,use positive self-talk,   and debrief.

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