ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Strategy in which a person considers every detail of every option over and over again
A
impulse
B
agony
C
compliance
D
escape
Explanation: 

Detailed explanation-1: -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-2: -Procrastination is the act of unnecessarily postponing decisions or actions. For example, a person is procrastinating when they delay working on an assignment until right before its deadline for no reason, even though they know that it would be better for them to start earlier.

Detailed explanation-3: -An emergent strategy is an unplanned strategy that arises in response to unexpected opportunities and challenges. Sometimes emergent strategies result in disasters.

Detailed explanation-4: -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.

There is 1 question to complete.