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What is the first thing you should do when making an individual decision?

Identify the decision you need to make


How do you think good decision making has contributed to the success of this business?

good decision making is what we need because a company is not made by a single person . Its the idea of different people who help in improving a solution and making a good decision for a successful business strategy


Should I finance a laptop?

Financing a laptop can be a good option if you need it for school or work and can afford the monthly payments. However, consider the interest rates and total cost before making a decision.


Issues in strategic decision making?

§ A company would have different people in decision making at different periods of time. Decision often require judgments and thus is important to note that the person related factors are important in decision making and the decision make differ as that person changes. § Again an individual does not take decisions alone. But often there is rumble in decisions, which could be between individual and group decision making. The decision taken by the group could be different from those that may be taken by the individual themselves. § The company would need to decide on what criteria it should make its decision. Thus it need a process of objective setting, which serve as benchmarks for evaluation of the efficiency and effectiveness of the decision making process. There are three major criteria in decision making- the concept of maximization, - the concept of satisfying, -the concept of instrumentalism. Based on the chosen concept, Strategic decisions will differ. § It is assumed that decision making is logical and thus there will be rationality in the decision making. In the context of Strategic decision making, it means that there would be a proper evaluation and then exercising a choice from among various alternative courses of action in such a way that it may lead to the achievement of the objectives in the best possible manner. § As the situations are complex, straightforward thinking may not be effective. Creativity in decision making may be needed, thus the decision must be original and different. But also based on situation and circumstances there could be variability in decision making.


What do I need to know when refinancing my home?

When refinancing your home, you need to consider factors such as your current interest rate, the new interest rate being offered, closing costs, loan terms, and how long you plan to stay in the home. It's important to compare offers from different lenders and understand the potential savings and costs associated with refinancing before making a decision.

Related Questions

How do you prevent supreme arrogance?

to prevent supreme arrogance, you need to know the whole situation before making any decision.


What is the difference between planning and decision making?

Decision making is required during planning but planning is forming a plan before doing. Decision making is required while doing because unplanned things happen.


What is the need of decision making?

The need of decision making is maybe taking on a job that you need good leadership skills or decision making skills.


What does the Supreme Court's decision do?

We need to know the case before we can answer your question.


How would you describe your decision making style?

You should be able to discuss your decision-making style with a job interviewer. Interviewers need to know that you are capable of making rational decisions.


Why managers need to know economics?

Hi this is his role is to make sure the company makes profit


How many home insurance quotes should you get before making a decision?

You can get many home insurance quotes as you want before making a decision because you need to compare prices between companies. There are a lot of places sell home insurance.


Why is it important to consider your values when you make a decision?

it is important because when you are making a decision you need to know that you are making the right one and not just going to the wrong one like stealing from a store or saying no.


What printers offer an all in one?

Many different brand offer all in one printers. However you need to know what different features you want in an all in one before making a decision..


What is the process of making decision?

Recognize a need


What is the process of decision-making?

Recognize a need


What is a sentence for reconsider?

i think you should reconsider eating all that junk.