ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Once you know what your choices are, you need to find out as much as you can about each option so you can make
A
Any decision
B
A good decision
C
The right decision
D
An informed decision
Explanation: 

Detailed explanation-1: -Why is it important? There are many benefits of making informed decisions, such as increased knowledge, sense of self-confidence, satisfaction with your care, and decreased anxiety and feelings of conflict about your decision.

Detailed explanation-2: -The purpose of informed choice is to ensure that all parents decide for themselves on the care that best suits the needs of their child and family. Every family is different and the choices you make should reflect your family’s desires, beliefs and values.

Detailed explanation-3: -It is the gathering of facts and information that may be relevant to the decision. It is then making sense of or interpreting that information through critical analysis. It is utilising all relevant sources of information and experience. More items

Detailed explanation-4: -Step 1: Identify the decision. You realize that you need to make a decision. Step 2: Gather relevant information. Step 3: Identify the alternatives. Step 4: Weigh the evidence. Step 5: Choose among alternatives. Step 6: Take action. Step 7: Review your decision & its consequences. 08-Jun-2022

There is 1 question to complete.