Learning Objectives: Examine decision-making models. Apply decision-making techniques. Prompt: Watch the video and discuss the criteria you would use to evaluate a business decision? Discuss how you...

Business Decision Making
Discuss the criteria you would use to evaluate a business decision? Discuss how you can determine if the decision is ethical?
The core focus of the decision making process is to allow the business professionals, leaders and the managers to solve critical business-related problems with the help of critical thinking and execution.
Business decision making: The process generally involves a critical analysis of the available business alternatives, evaluating pros and cons of each alternative and then committing to one of the most favorable scenarios or alternative available with the organization. In other words, it is about making informed choices that can positively impact the business. (Tapas, 2012)
Evaluating the...