You and your best friend have just graduated from college. Before starting your jobs in the fall, the two of you wish to go on a 14-day vacation together. However, you have yet to decide where you will vacation. You and your friend would like to use the four-step decision framework to assist you in this decision.

Required:

a. What are your goals? Are both your and your friend’s goals likely to be perfectly aligned?

b. What are your options?

c. What are some of the costs and benefits that you are likely to consider in evaluating your options?

d. How will you make your decision?