“Decision-Making” Decision-making is the process of identifying and choosing alternatives based on the values, preferences and beliefs of the decision-maker. Every decision-making process produces a final choice, which may or may not prompt action. Problem solving is the process of investigating the given information and…

“Decision-making” Decision making is a cognitive process resulting in the selection of a course of action among several possible alternative options. The concept of decision making has a long history; choosing among alternatives has always been a part of life. For every business it is…