ECONOMICS
DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In decision-making, determine needs, analyze personal resources, and then:
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consider choices
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gather information
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Make a decision
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act on the decision
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Explanation:
Detailed explanation-1: -In decision-making, determine needs, analyze personal resources, then: Gather information. A person can judge the success of a decision by asking: Did the decision help me meet my goal?
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: -The review stage is the last step of the decision-making process here, you will evaluate whether or not the specific outcome resolved the problem or opportunity you identified initially.
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