Question 1. [20 Marks]

Assume that you have the following decision-making options :

(1) make the decision on your own with available information,

(2) consult others before making a decision, and

(3) call a meeting and reach a consensus, seeking to arrive at a final decision everyone can agree on.

a) Research and find an example online of two difficult business decisions.

b) Write a paragraph in your own words to describe each decision (1/2 to 1 page total).

c) Write another paragraph for each decision to discuss which approach would you use to make the decision and why (1/2 to 1 page total).

Remember to indicate where your information came from.

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