Copyright

Practical Application: Assessing Skills for Making Effective Business Decisions

Instructor: Natalie Boyd

Natalie is a teacher and holds an MA in English Education and is in progress on her PhD in psychology.

There are certain types of business skills that can bolster a person's ability to make good business decisions. Take this self-assessment to gauge your skills and reflect on what you can do to become a better business decision-maker.

Business Decision-Making Skills

Businesses face decisions every day. But how can a person know which skills he or she possesses that can help make smart decisions? There are three major types of skills that can help with business decision-making:

  • cognitive skills - which involve critical thinking and analytical skills
  • non-cognitive skills - which are most often associated with emotional intelligence and self-control
  • technical skills - which are industry-specific skills learned through formal training.

To learn more about these three types of skills, see the lesson Business Skills for Effective Decision-Making.

Once you understand the different types of business skills required for good decision-making at work, assess your own skills with the self-assessment below.

Self-Assessment

Take a few minutes to reflect on your skills. For each question, rate yourself. Then, jot down some comments, such as examples of times when you displayed that skill.

decision making skills

To unlock this lesson you must be a Study.com Member.
Create your account

Register to view this lesson

Are you a student or a teacher?

Unlock Your Education

See for yourself why 30 million people use Study.com

Become a Study.com member and start learning now.
Become a Member  Back
What teachers are saying about Study.com
Try it risk-free for 30 days

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Create an account to start this course today
Try it risk-free for 30 days!
Create an account
Support