Managers following the Evidence-Based Management (EBM) approach make decisions using a structured process. Below are four key steps in EBM. Rank them in the correct order from FIRST (1) to LAST (4) to reflect the logical sequence of decision-making. Options: - Gather relevant data and research findings. - Define the problem or decision that needs to be made. - Implement the best solution based on the evidence. - Analyze the collected evidence to determine actionable insights. Define the problem or decision that needs to be made. Gather relevant data and research findings. Analyze the collected evidence to determine actionable insights. [Choose ] [Choose ] 4 3 2 1 Implement the best solution based on the evidence. [Choose]

To rank the steps in the correct logical sequence for Evidence-Based Management (EBM), we need to follow a structured decision-making process. Here's the correct order:<br /><br />1. **Define the problem or decision that needs to be made.** <br /> - Before any action can be taken, it is essential to clearly identify and define the problem or decision at hand.<br /><br />2. **Gather relevant data and research findings.** <br /> - Once the problem is defined, the next step is to collect evidence, data, and research findings that are relevant to addressing the issue.<br /><br />3. **Analyze the collected evidence to determine actionable insights.** <br /> - After gathering the data, it must be analyzed to extract meaningful insights that can guide decision-making.<br /><br />4. **Implement the best solution based on the evidence.** <br /> - Finally, use the insights gained from the analysis to implement the most effective solution.<br /><br />### Final Answer:<br />- **Define the problem or decision that needs to be made.** → 1 <br />- **Gather relevant data and research findings.** → 2 <br />- **Analyze the collected evidence to determine actionable insights.** → 3 <br />- **Implement the best solution based on the evidence.** → 4