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7.1 Importance of decision making

Decision making is the process of selecting a course of action from among multiple alternatives to achieve a desired outcome.
Key benefits of effective decision making include:

  1. Improved outcomes: Better decisions lead to more favorable results.
  2. Increased control: Decisions give individuals and organizations a sense of control over their lives and businesses.
  3. Problem solving: Making decisions helps to resolve challenges and find solutions to problems.
  4. Better planning: Effective decision making enables individuals and organizations to plan and prepare for future events.
  5. Increased confidence: Confidence in one’s ability to make decisions grows with experience and success.