ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The process of making a choice or solving a problem.
A
Decision Making
B
Experience
C
Integrity
D
Values
Explanation: 

Detailed explanation-1: -Develop evidence to support views. Analyze situations carefully. Discuss subjects in an organized way. Predict the consequences of actions. Weigh alternatives. Generate and organize ideas. Form and apply concepts. Design systematic plans of action.

Detailed explanation-2: -In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options.

Detailed explanation-3: -Analyze the problem. Before you can fix an issue and use decision-making skills, take a look at the problem at hand. Gather information. Brainstorm solutions. Weigh pros and cons. Decide on a solution. 26-Apr-2019

There is 1 question to complete.