Decision making
Decision making
Decision making (pronunciation: /dɪˈsɪʒən ˈmeɪkɪŋ/) is a cognitive process that results in the selection of a course of action among several alternatives. Every decision-making process produces a final choice, which may or may not prompt action.
Etymology
The term "decision" comes from the Latin word decisio, meaning "to cut off". The term "making" comes from the Old English macian, meaning "to make". Together, they form the concept of "cutting off" other possibilities to "make" a single choice.
Related Terms
- Problem solving: The process of finding solutions to difficult or complex issues.
- Critical thinking: The analysis of facts to form a judgment.
- Cognitive bias: Systematic errors in thinking that can affect the decisions and judgments that people make.
- Risk assessment: The identification and analysis of potential issues that could negatively impact key business initiatives or critical projects.
- Choice: The act of picking or deciding between two or more possibilities.
See also
External links
- Medical encyclopedia article on Decision making
- Wikipedia's article - Decision making
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