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.
To complete the first step in the rational decision-making process, one must identify the problem and then state the desired outcome after the problem is solved. The next step is to identify the decision criteria by determining what factors are relevant in making the decision.