2026.03.11_Decision Making in Business
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Decision Making in Business
Review
When someone gives you helpful advice that is focused on improvement, they’re giving you _____________ feedback.
When you’re being evaluated on how well you do your job, it’s your _________ that’s being evaluated.
When someone gives you an option on how to improve, they’re giving you a __________.
Another word for the comments someone makes about your performance: ___________.
Decision Making in Business
Focus: discussing decisions clearly and professionally
Goal: by the end of this lesson, participants will be able to explain business decisions and discuss options in a confident and structured way.
2. Useful Phrases (Core Decision-Making English)
- We need to decide how to…
- One option is to…
- The main reason is…
3. Natural Softeners (to Sound Professional)
- In my opinion, …
- Based on the information we have, …
- It might be better to…
4. Practice – Real Situation
Scenario: Choosing Between Two Suppliers
Your company needs to choose between two suppliers.
One is cheaper, but the other offers better quality and faster delivery.
Discussing the decision:
“We need to decide which supplier to choose. One option is to ___. The main reason is ___.”
- Compare advantages and disadvantages.
- Explain their reasoning clearly.
- Consider short-term and long-term impact.
Follow-up questions:
- What are the risks?
- What is more important: price or quality?
- How will this decision affect the company in the long term?
Vocabulary
|
Word |
Pronunciation |
Short explanation (EN) |
Slovak |
Example sentence |
|
Decision |
/dɪˈsɪʒ.ən/ |
A choice made after thinking carefully. |
rozhodnutie |
It was an important decision for the company. |
|
Option |
/ˈɒp.ʃən/ |
A possible choice. |
možnosť |
We have two options to consider. |
|
Risk |
/rɪsk/ |
The possibility of something going wrong. |
riziko |
Every business decision involves some risk. |
|
Advantage |
/ədˈvɑːn.tɪdʒ/ |
A positive point or benefit. |
výhoda |
Lower costs are a big advantage. |
|
Long-term |
/ˌlɒŋˈtɜːm/ |
Over a long period of time. |
dlhodobý |
We need a long-term strategy. |
5. Discussion Questions
1. How are important decisions made in your company?
2. Who should be involved in decision-making?
3. Is it better to decide quickly or carefully?
4. How do you evaluate risks?
5. What happens when a decision turns out to be wrong?
6. Should decisions be based more on data or experience?
7. Can too many options make decisions harder?
6. Example Answers
1. In my company, important decisions are usually discussed in meetings.
2. I think managers and team members should both be involved.
3. It depends on the situation, but important decisions need careful analysis.
4. We compare possible risks and benefits.
5. If a decision is wrong, we try to learn from it.
6. I believe both data and experience are important.
7. Yes, sometimes too many options can cause confusion.