ECONOMICS

Detailed explanation-1: -Escape-decision-making strategy in which you avoid a decision or make up and answer to deflect injury. Procrastination-decision-making strategy in which you delay making the decision until someone else makes the decision or until options disappear; deciding by default.

Detailed explanation-2: -decision making strategy in which you consider every detail of every option over and over again. decision making strategy in which you choose the alternative with the lowest level risk. consists of five steps:1. define the problem; 2.

Detailed explanation-3: -Explanation: B) Naturalistic decision making draws upon the decision maker’s intuition, past experience and emotions to make a decision based on a quick assessment of the situation.

Detailed explanation-4: -Try to clearly define the nature of the decision you must make. This first step is very important. Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it.