The thought process which leads to selection of a specific
course of action while weighing other possibilities is termed as
decision making. Decision making results in a concluding choice
–the person taking the decision should be aware of the result
for each decision taken to ensure that the choice made for the
specific situation is not wrong. Selection made on the basis of
alternatives that are based on preferences, beliefs or deductions
of the decision maker is known as decision making.The decision
maker tries to weigh all the options and pick the best one as
a final option. Mostly deciding on things can be easy but
people encounter several phases in life where they need to
decide on important matters such as studies, job, marriage,
investments, business etc. The decision taken for important
matters as these will impact their lives in future. This is why
people consider all the pros and cons before taking a decision
so they may not have to regret about it later.