Careers Skill Sets Question:

What is Decision Making skill?

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Answer:

Decision making in the workplace is characterized by a careful examination of an array of options for accomplishing a task or project. Typically the costs in terms of staff time, materials consumed and other expenses are weighed against the potential benefits of each option prior to making a final decision.
Organizational culture and leadership style will determine the process for decision making. Some units will seek to form a consensus among staff members prior to making a significant decision. In other departments, decisions may be made from the top down by a manager.

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Give me a list of skills that entrepreneurs needs?Explain the decision making process?