major decision
A major decision is a significant choice that can greatly impact an individual's life or the direction of an organization. These decisions often involve careful consideration of various factors, such as potential outcomes, risks, and benefits. Examples include choosing a career path, buying a home, or making strategic business moves.
In many cases, major decisions require input from multiple stakeholders, especially in a corporate setting. Tools like decision-making frameworks and cost-benefit analysis can help evaluate options. Ultimately, the process aims to achieve the best possible outcome while minimizing negative consequences.