How does problem solving differ from decision making?

The distinction between problem solving and decision making primarily lies in their processes and structure. Problem solving often involves identifying an issue, exploring potential solutions, and figuring out how to implement those solutions, which can be more flexible and less formalized. This process can vary greatly depending on the nature of the problem, the context, and the resources available.

In contrast, decision making typically follows more defined steps, such as gathering information, weighing options, and evaluating potential outcomes. While both processes involve a level of analysis, problem solving allows for a more fluid approach, which can be adapted as new information or changes in circumstances arise. Therefore, the correct answer emphasizes that problem solving is characterized by requiring less formal processes compared to the structured nature of decision making.

The other choices imply different characteristics that do not accurately capture the essence of the distinction between these two concepts. For instance, not all problem solving is long-term, nor is it necessarily more analytical than decision making. While multiple stakeholders can be involved in problem solving, this is not a defining characteristic that sets it apart from decision making.