____ is involved in the first step of managerial problem solving.

A) Escalation of commitment
B) Pinpointing the cause of the problem
C) Finding the best cost-benefit relationship
D) Identifying the problem
E) Selecting a solution

Managerial Problem Solving

The process by which managers identify, analyze, and resolve problems that are impeding organizational performance.

Escalation Of Commitment

The phenomenon where people continue to invest time, money, or effort into a failing project due to their prior commitments rather than cut their losses.

Identifying The Problem

The initial step in the problem-solving process which involves recognizing and defining the issue that needs to be addressed.