Decision making is the process of selecting a course of action from multiple alternatives to achieve a specific objective or solve a problem. Learn how to evaluate options and make choices that lead to desired outcomes using a step-by-step approach. Explore different types of decision-making, see examples in various contexts, and understand ethical principles and values. Explore the Decision Making Process, detailing its crucial steps and essential tools for achieving better and more effective results. What is a decision-making process? A decision-making process is a series of steps one or more individuals take to determine the best option or course of action to address a specific problem or situation. Often, managers and executives use the process to plan how to carry out business initiatives or set specific actions in motion. Ideally, a business decision is based on the analysis of objective facts, aided by the use of artificial intelligence (AI) or other advanced technologies and tools ...
