Rapid growth of the sector has fueled the demand for telecom equipment, which is projected to be about Rs 1.08 trillion for the year 2015-16 and is estimated to exceed Rs. 1.8 trillion by the year 2020.
The Six Steps. 1  Define the Problem. 2  Determine the Root Cause(s) of the Problem. 3  Develop Alternative Solutions. 4  Select a Solution. 5  Implement the Solution. 6  Evaluate the Outcome.
Quick Answer. The six-step decision-making process is called rational decision-making, and it utilizes analysis and facts to make a decision. The steps are defining the problem, identifying the decision criteria, ranking the criteria, developing alternative solutions, evaluating the solutions and selecting the best solution.