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The Decision-Making Process Step 1: identity the situation. Whether the problem is one that occurs daily or comes up only a few times in a lifetime. identifying the problem is the rst step. Step 2: identify possioie courses of action. Take time to think through the situation so you can identify and consider all the important alternatives. Step 3: Determine the pros and cons. Consider your values and goals when determining the advantages and disad- vantages of each alternative. You can use this information to compare and evaluate your choices. Step 4: Maire a decision. Use the information you gathered to rank the alternatives and make a deci- sion. Once you have made your decision, you can plan how to reach your goal. V Step 5: Ewiuste your decision. Once Your decision is put into effect, ask yourself whether you achieved the