ECONOMICS

Detailed explanation-1: -Risky is not a type of personal decision-making style.

Detailed explanation-2: -The four decision-making styles, analytical, directive, conceptual, and behavioral, are strategies leaders and individuals employ to make choices. Different styles work better in different situations or environments, and understanding decision-making leads to productive, cooperative, and engaged work environments.

Detailed explanation-3: -Directive decision-making Their decisions are rooted in their own knowledge, experience, and rationale, rather than going to others for more information. The upside to this style is decision-making is quick, ownership is clear, and it doesn’t require extra communication.

Detailed explanation-4: -Types of Decision Making – Routine, Strategic, Policy, Operating, Organisational, Personal, Programmed, Non-Programmed, Individual and Group Decisions.