ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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did the decision help me meet my goal?
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am I making any money?
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did I follow all the steps in the process correctly?
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am I using all of my skills and training?
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Detailed explanation-1: -Responsible decision making will allow you to carefully assess choices which can affect your health. This can include evaluating risks, who would be affected by the choice, and considering ethical and legal issues.
Detailed explanation-2: -How can a person determine that a decision was a good one? The decision met the person’s goals.
Detailed explanation-3: -Decision making is the process of providing appropriate solutions to most situations in life while goal is a proposed achievement or accomplish towards which efforts are directed.
Detailed explanation-4: -Step 1: Identify Your Goal. One of the most effective decision making strategies is to keep an eye on your goal. Step 2: Gather Information for Weighing Your Options. Step 3: Consider the Consequences. Step 4: Make Your Decision. Step 5: Evaluate Your Decision.