Lesson 1 of 0
In Progress
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:
- Improved outcomes: Better decisions lead to more favorable results.
- Increased control: Decisions give individuals and organizations a sense of control over their lives and businesses.
- Problem solving: Making decisions helps to resolve challenges and find solutions to problems.
- Better planning: Effective decision making enables individuals and organizations to plan and prepare for future events.
- Increased confidence: Confidence in one’s ability to make decisions grows with experience and success.