Ortega has prepared the following list of statements about decision-making and incremental analysis.1. the first step in management's decision-making process is, "determine and evaluate possible courses of action."2. the final step in management's decision-making process is to actually make the decision.3. accounting's contribution to management's decision-making process occurs primarily in evaluating possible courses of action in reviewing the results.4. in making business decisions, management ordinarily considers only financial information because it is objectively determined.

If u don't know the answer, always guess "c"

Answer(d); /// in the absence of transaction costs,private parties can solve the problem of externalities on their own;

Competitive intelligence activities occur so that a company can use information about a competitor's new products to  develop superior marketing strategies for its own products.  when talking about  competitive intelligence, an easy way to  remember  these terms are to know your  enemy. when having  competitive intelligence it's allowing information you find out about other companies and how they run their company, the risks they have come in contact with and  opportunities they  haven't taken and figure out how to use them to your advantage. always be  smarter than your  competition. 

Ithink the answer is d.