ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Define your needs and wants
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Analyze your personal resources
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Identify your career choices
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Research your career choices
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Detailed explanation-1: -6. Take action. Next, you’ll need to create an implementation plan. This involves identifying what resources are required and gaining support from employees and stakeholders.
Detailed explanation-2: -Step 1: Identify the decision. You realize that you need to make a decision. Step 2: Gather relevant information. Step 3: Identify the alternatives. Step 4: Weigh the evidence. Step 5: Choose among alternatives. Step 6: Take action. Step 7: Review your decision & its consequences. 08-Jun-2022
Detailed explanation-3: -Step 1: Define the Problem. Why do you have to make a choice? Step 2: List the Alternatives. Step 3: Determine the Criteria (rules for evaluating or testing options) Step 4: Evaluate the alternatives. Step 5: Make the Decision. The Decision: Which one would work best for you?
Detailed explanation-4: -Step 1: Identify Your Goal. One of the most effective decision making strategies is to keep an eye on your goal. Step 2: Gather Information for Weighing Your Options. Step 3: Consider the Consequences. Step 4: Make Your Decision. Step 5: Evaluate Your Decision.