The proactive professional infuses decision-making strategies that examine why a decision is needed, what the possible options are, what the likely consequences of each are, how important the consequences are, and what the best decision is in view of all available information.

Instructions: Describe below a decision-making activity you guided others through to solve an existing problem.

Existing problem:

Decision-making activities used to solve the problem:

Assessment of the effectiveness of the decision-making activity

Question Two. (6 Marks): Your organization is considering the use of group decision making. You have read about decision making and are trying to inform your manager about the advantages and disadvantages of group decision making. Give TWO examples to explain when group decision making is recommended over Individual decision making and TWO examples when Individual decision making is better.Bary Question What is bootstrap financing? As a future entrepreneur, how would you employ the following methods of bootstrap financing? . Consignment financing . Obsolescence money . Discounts for volumeEquity and debt financing both have their advantages and disadvantages. Which of the following pair of phrases below accurately reflect the Advantages of batt types of financing Debt Financing Equity Financing Changes stockholder control Dividends are optional Debt Financing Equity Financing Does not have to be repaid Does not change stockholder control Debt Financing Equity Financing Interest is tax deductible Does not have to be repaid Debt Financing Equity Financing Dividends are optional Interest is tax deductible