ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -impulsive Add to list Share. If someone is impulsive, it means that they act on instinct, without thinking decisions through.
Detailed explanation-2: -Think about your goals and values. It’s important to be true to ourselves and what we value in life. When you factor into a decision the things that are important to you, the best option might become obvious. At any rate, you’re more likely to end up with an outcome you’re happy with.
Detailed explanation-3: -A good decision-maker chooses actions that give the best outcome for themselves and others. They enter into the decision-making process with an open mind and do not let their own biases sway them. They make decisions rationally, after researching alternatives and understanding the consequences.
Detailed explanation-4: -When evaluating decisions on a day-to-day basis, there are always characteristics to consider before taking action. Some characteristics of a good decision are positive impact, inclusion, and executability.