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Approaches to Decision Making

I pick Scenario 1: Budgetary concerns are an issue across all industries, including health care. A health care organization notices increasing cost in staffing and overhead, such as capital and supplies. The health care organization must determine how to reduce cost while not compromising patient care and safety.

Write a 525-700 word paper that explains decision making in the workplace. Remember that you are not making the decision for this scenario

Include the following in the paper
-Explain two decision-making approaches managers can use to make the decision for the scenario you selected.

-Explain why this decision is better made by group rather than by an individual

-Explain the advantages and disadvantages of the group decision making process for this scenario

Include at least two references

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