ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Easy everyday decisions that won’t impact you future
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Important as they impact your future in great ways
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Decisions which affect your health
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None of the above
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Detailed explanation-1: -Making better decisions leads to better results (and fewer repercussions). Better decisions might leave you with more options and flexibility. Conversely, a good decision might shut off other options but open up a new opportunity. When you make better decisions, it also means you’re learning from your mistakes.
Detailed explanation-2: -It will impact your mental health and self-esteem. It will affect your living arrangements, finances, even your circle of friends. Some of these events will be positive or negative. While your finances may take a hit, your self-esteem may get a boost.
Detailed explanation-3: -Step 1: Identify the decision. You realize that you need to make a decision. Step 2: Gather relevant information. Step 3: Identify the alternatives. 7 STEPS TO EFFECTIVE. Step 4: Weigh the evidence. Step 5: Choose among alternatives. Step 6: Take action. Step 7: Review your decision & its consequences.
Detailed explanation-4: -Don’t let stress get the better of you. Give yourself some time (if possible). Weigh the pros and cons. Think about your goals and values. Consider all the possibilities. Talk it out. Keep a diary. Plan how you’ll tell others. More items