ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This decision making value has to do with the accumulation or sharing of knowledge
A
economic
B
moral
C
aesthetic
D
educational
Explanation: 

Detailed explanation-1: -Three values of the kind suggested that are important to me are to do with nature, diversity and equality. While I find it fairly easy to identify these in a general sense, the detail of these values only becomes evident when I consider how I think and act in a particular situation.

Detailed explanation-2: -Examples include our use of transport, making consumer decisions, planning new or improved developments and managing natural resources.

Detailed explanation-3: -Some scholars argue that the decision-making process is influenced by the environment, and individuals tend to have an adaptive characteristic [41]. So, the decision-making behavior of an individual is self-adaptive, resulting from the interaction between the individual and the individual’s environment.

Detailed explanation-4: -Define the problem or need: Analyze the issue at hand: Implement and communicate: Learn from the process and the outcome:

There is 1 question to complete.