ENTREPRENEURSHIP

Detailed explanation-1: -Decision-making is the process of identifying and choosing alternatives based on the values, preferences and beliefs of the decision-maker.

Detailed explanation-2: -Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.

Detailed explanation-3: -Decision making in management is the process of making a choice between two or more options. This involves evaluating the pros and cons of various choices and choosing the best option to achieve a desired outcome. In management, decision making is about acting in a way that meets organizational goals and objectives.

Detailed explanation-4: -Decision making is the mental process of selecting a course of action from a set of alternatives. Decision making is the mental process of choosing from a set of alternatives.

Detailed explanation-5: -1] Making routine choices and judgments. When you go shopping in a supermarket or a department store, you typically pick from the products before you. 2] Influencing outcomes. 3] Placing competitive bets. 4] Making strategic decisions. The constraint of decision making research.