Question

What is the name of the process that weighs the alternatives, gathers all necessary information, and can ultimately lead you to the best choice in any given situation?

Answer 1

This process is known as decision making.

Answer 2

Decision making is the name of the process that weighs the alternatives, gathers all necessary information, and can ultimately lead you to the best choice in any given situation.

Decision making is the process in which best satisfying choices are made by identifying a decision, gathering important information, and examining alternative choices. The step by step approach of the decision making process is an efficient method that increases the chance that an individual will choose the best choice in any situation. The step by step approach are; (i) identify the decision, (ii) gather information, (iii) identify the alternatives, (iv) analyze the evidence, (v) choose the best alternatives (vi) implement the decision and (vii) review your decision and its effect