1. Friday, October 11, 20191 Submitted by:- MUHAMMAD SAYAM Submitted to:- MISS AMEENA

2.  It is the action or process of deciding something.  In business the act or process of deciding something about business is known as business decision.  It is the action which is chosen from sets of alternatives to achieve the goals. Friday, October 11, 20192

3. 1. Identify the decision. 2. Gather information.. 3. Identify alternatives. 4. Weigh the evidence. 5. Choose among alternatives. 6. Take action.. 7. Review your decision. Friday, October 11, 20193

4.  You realize that you need to make a decision.  Try to clearly define the nature of the decision you must make.  This first step is very important. Friday, October 11, 2019 4

5.  Collect some proper information before you make your decision: what information is needed, the best sources of information, and how to get it.  This step involves both internal and external work.  Some information is internal: you will seek it through self-assessment.  Other information is internal; you will find it online, in books, from other people and from other sources. Friday, October 11, 20195

6.  As you collect information, you will probably identify several possible paths of action, or alternatives.  You can also use your imagination and information to construct new alternatives.  In this step, you will list all possible and desirable alternatives. Friday, October 11, 20196

7.  Draw on your information and emotions to imagine what it would be like if you carried out each of them alternatives to the end.  Evaluate whether the need identified in first step would be met or resolve through the use of each alternative.  As you go through this difficult internal process, you will began to favor certain alternatives: Friday, October 11, 20197

8.  That seem to higher potential for reaching your goal.  Finally, place the evidence in priority order, based upon your own value system. Friday, October 11, 20198

9.  Once you have weighed all the evidence, you are you are ready to select the alternatives that seems to be best one for you.  You may even choose a combination of alternatives. Friday, October 11, 20199

10.  You are now ready to take some positive action by beginning to implement the alternative you choose in step 5. Friday, October 11, 201910

11.  Consider the results of your decision and evaluate whether or not it has resolved the need you identified in step 1. Friday, October 11, 201911

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