Decision-making is the process of identifying and selecting the best course of action for achieving certain goals, i.e. solving a specific problem or exploiting opportunity.
- Decision making is the selection of a particular course of action chosen by the decision maker as the most effective means at his disposal for achieving the goal or goals he is currently emphasizing or for solving the problem.
- In other words, it is choosing a particular course of action from several alternative courses of action for achieving a desired result. In short, it is the choice made by the decision maker about what should or should not be done in a given situation.
- Decision-making is the pervasive process (i.e. essence of management), i.e. used in organizing, leading, controlling, yet it is the core of planning.