A decision$-$making process can determine the success or failure of an organization, and how well it performs.

Suggest a possible decision$-$making example in an organization and perform the following steps based on the chosen example:

$1.$ Understand the decision you must make $($Identify the decision$)$

$2.$ Collect all the information $($Define the problem$)$

$3.$ Identify the alternatives $($Construct a model & identify possible solutions. You may use a diagram to aid your answer.$)$

$4.$ Compare the risks and benefits of each solution

$5.$ Select the best alternative $($Recommend the best solution$)$

$6.$ Make the decision

$7.$ Evaluate the impact of your decision