Decision-making is the bedrock of business success. It influences almost every aspect of corporate life, from investment to customer service. A good decision maker helps a business succeed and boosts profit. A poor decision maker, on the other hand, could jeopardize not only business growth but also sustainability.
Businesses make complex decisions all the time. Managers decide whether to hire or fire staff; sales managers determine the most lucrative sales leads; senior IT administrators choose the best software for their purposes. All of these people make choices before finding a solution to a problem. They are decision makers.
“A decision can be defined as a course of action purposely chosen from a set of alternatives to achieve organizational or managerial objectives or goals,” says the Management Study Guide.
Decision Makers, Decision Makers List
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