"Major Decisions" refer to significant choices that can greatly impact an individual's life or the direction of an organization. These decisions often involve careful consideration of various factors, including potential risks, benefits, and long-term consequences. Examples include choosing a career path, making a large financial investment, or deciding on a strategic direction for a company. In the context of business, major decisions typically require input from multiple stakeholders and may involve data analysis and forecasting. Effective decision-making processes often utilize tools like SWOT analysis or decision matrices to evaluate options and ensure that the chosen path aligns with overall goals and values.