A decision matrix is a tool used to evaluate and prioritize a list of options based on specific criteria. It helps individuals or teams make decisions by providing a structured method to compare various alternatives, taking into account different factors that are important in the decision-making process. ### Key Components of a Decision Matrix: 1. **Options/Alternatives**: These are the different choices or solutions that you are considering. 2. **Criteria**: These are the factors that are important for making the decision.

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