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What Is Decision Making?

The process of taking an option is to select among a variety of options, and then make a decision. In its simplest sense, decision making can be understood as a choice between two or more actions, where the outcome of each action affects the subsequent one.

This process, which can be rational or irrational, involves analyzing the consequences of choosing one course and then comparing it with other courses. The more specific term, decision theory, is concerned with the ability to make objective decisions with uncertainty.

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