The Five Steps in the Decision-Making Process


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Why is making good decisions an important skill for managers and business owners?

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1. Which of the following is one of the steps in the decision-making process?

2. What does it mean to clarify the question?

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About This Quiz & Worksheet

The Five-Step Decision-Making Process can help guide you through the process of making good decisions and reviewing possible options for your business, and this quiz/worksheet combo will help you test your understanding of it. You'll be assessed on your knowledge of the steps of the process.

Quiz & Worksheet Goals

In these assessments you'll be tested on your understanding of:

  • Steps of the decision-making process
  • Importance of decision-making skills
  • Advantages of the Five-Step Decision-Making Process

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information about making good decisions from the related management lesson
  • Defining key concepts - ensure that you can accurately define main phrases, such as review the results and clarify the question
  • Information recall - access the knowledge you've gained regarding the Five-Step Decision-Making Process
  • Knowledge application - use your knowledge to answer questions about decision-making processes in business

Additional Learning

To learn more about management, review the accompanying lesson on The Five Steps in the Decision-Making Process. This lesson covers the following objectives:

  • Learn the Five-Step Decision-Making Process
  • Understand the steps of the decision-making process in a business setting
  • Know how to make good decisions by reviewing practical examples