Effective Decision-Making

Sharpen your ability to make disciplined, high-impact decisions. This course breaks down the decision-making process into a clear, practical flow that helps you evaluate alternatives and select the optimal outcome. Learn techniques that improve analytical rigor, increase efficiency, and promote consistency across decisions. Strengthen your managerial effectiveness by applying structured methods that reduce bias, clarify trade-offs, and support sound strategic and operational choices.
Format

PDF Course

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Duration

2 Hours

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Course Information

Author: Steven Bragg
Course number: PD0012

Learning Objectives
  • Identify how sunk costs impact decision-making.
  • Specify the techniques used to explore decision options.
  • Identify how to prevent decisions from being re-opened.
  • Recall how to get people to support a decision.
  • Identify the circumstances under which the quality of data is most critical to a decision.
  • Recall the signs of groupthink.
  • Specify the role of the devil’s advocate in decision-making.
  • Specify when a delay can improve decision-making.
  • Specify the methods to improve decision-making under time pressure.
  • Recognize the situations in which real options can be applied to decision-making.

Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Personal Development
Prerequisites: None
Advance Preparation: None
Latest Review Date: November 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.