Which step in the decision-making process that follows identifying a problem and decision criteria?

The next step in the decision-making process – after identifying a problem and establishing criteria – is to generate potential solutions. It involves brainstorming and evaluating the pros and cons of different solutions. Additionally – it’s important to consider any external factors that could influence outcomes such as financial constraints or resource availability.

Once alternative solutions have been generated – it’s then time to evaluate them. It is important to analyze how the solutions will affect current and future performance. Furthermore – decision makers should assess any potential risks associated with their choices too; such as legal issues or public opinion.

Finally – once all options have been assessed, leaders can make an informed decision on which course of action best meets their goals! By thoroughly evaluating the various alternatives available – businesses can rest assured that they are taking the most efficient route towards achieving desired results. Profits and revenue will increase. The company may also explore other funding options, such as angel or venture capital investors to increase funds.