Decision making is the process of selecting the best course of action from among various alternatives to achieve a desired outcome or solve a problem. In the context of management, decision making involves assessing available information, evaluating alternatives, considering potential consequences, and choosing the most appropriate course of action to address a particular issue or capitalize on an opportunity. Effective decision making is crucial for managers as it directly impacts organizational performance, resource allocation, and the attainment of goals. The major decision taken at MEC in this case was the agreement to be acquired by Kingswood Capital Management, LP, a Los Angeles-based private investment firm. This decision involved transitioning away from MEC's co-operative structure, whereby the majority of MEC's assets, including its retail stores, would be acquired through the Companies' Creditors Arrangement Act (CCAA). This decision significantly altered MEC's ownership and operational model, marking a significant departure from its original values and principles as a consumer co-operative. As a manager at MEC tasked with making this decision, the following steps could have been taken: a. Identify the problem or opportunity: Begin by clearly defining the issue at hand, such as financial challenges, declining sales, or the need for strategic restructuring