ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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evaluations
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schedules
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consequences
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. products
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Detailed explanation-1: -When a person acts on a decision, there are always: Consequences.
Detailed explanation-2: -Step 3: Consider the Consequences This step can be just as important as step one because it will help you determine how your final decision will impact yourself, and/or others involved. In this step, you will be asking yourself what is likely to be the results of your decision. How will it affect you now?
Detailed explanation-3: -Every choice has a consequence Each decision you make in life brings with it certain outcomes. If you make better decisions, you’ll get better outcomes. That’s a simple truth. The fact is, we really are the sum of the choices we have made.
Detailed explanation-4: -The mention of the word “consequences"’ automatically brings up the idea of “result, ” or “outcome”—the results of our actions, decisions, choices or the lack of these. It reminds us that whatever we do, or refuse to do, has some outcome in one way or another, some times immediately, some times much later.