In: Operations Management
1. What is a good decision?
2. What are the basic rules for good decision making? explain
3. What are ways in which information is gathered when making a good decision?
4. What are ways in which the information is used once it is gathered?
1) A good decision is a decision that is made consciously and with lots of thoughts such as by considering many factors. This type of decision needs to be explained clearly to others and it impacts positively on others.
2) There are some rules or ways by which a person can make effective decisions for everyone.