Every decision we make is followed by a series of related events. The magnitude of the decision will determine how drastically it will affect the person making it and those around them. There is always a result, whether the impact is positive or negative.
Step 1: Identification of the purpose of the decision
Step 2: Information gathering
Step 3: Principles for judging the alternatives
Step 4: Brainstorm and analyze the different choices
Step 5: Evaluation of alternatives
Step 6: Select the best alternative
Step 7: Execute the decision
Step 8: Evaluate the results
When making judgments, one should always balance the potential business benefits against the drawbacks, leaning toward the former.
By doing this, potential losses to the organisation are avoided, and sustainable growth is maintained within the business. When you have to make a difficult decision, it might often seem easier to postpone doing so, especially if you encounter a lot of conflict thereafter.
However, in order to maintain control over your work and time, decisions must be made and their implications accepted.
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