ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -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-2: -Decision making time is an important issue for the successful outcome of the decisions. Timing of the decision is important since it allows decision maker to visualize various elements needed for the decision and helps the decision making more coordinated with critical key points considered while making the decision.
Detailed explanation-3: -Making decisions is making choices, so we should consider and compare the strengths and weaknesses of each choice. In this way we can make the most suitable decisions. Based on these decision, we can continue to make more decisions which can help us to move toward our goals.
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