Decision Point: Choosing Your Decision$-$Making Model

Which type of process is best used in the decision to start a business?

Select an option from the choices below and click Submit.

Follow a series of steps to make decisions, but limit the time required to process criteria and alternatives. Face it$,$ time is money, and you can't sit on a decision too long before the opportunity has passed.

Follow a logical series of steps, taking time to develop decision$-$making criteria, generating possible alternatives, and then implementing an alternative only when the best has been chosen.

Use your intuition and input from others to make business decisions. You don't need to develop exhaustive plans right now when they are going to change before you even get a chance to implement them.