ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Carefully consider each choice and option.
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List the benefits and obstacles of each goal.
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Identify the goal you most wan to do.
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Evaluate your decision and change it if you think there is a better choice.
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Detailed explanation-1: -You have decided on a few goals and are having trouble prioritizing your priority goal. Which step of the decision-making process is MOST likely to help you choose your priority goal or goals? Carefully consider each choice and option.
Detailed explanation-2: -Perform Financial Statement Analysis. Estimate the Financial Impact of Projects and Initiatives. Learn How to Budget. Involve Your Team in Decision-Making. Track Financial Performance. 02-Jun-2020
Detailed explanation-3: -Write your goals down. Set some priorities. Determine how much you’ll need to save. Take into account your time frame for meeting your goals. Review your plan periodically.
Detailed explanation-4: -Get organized. The first step to taking control of your finances is getting organized. Make a budget. Invest in yourself. Save for retirement. Protect your finances. Build an emergency fund. Pay off debt. Invest for the future.
Detailed explanation-5: -Resolution #1: I will increase my savings every month. Resolution #2: I will start SIPs to achieve my financial goal/s. Resolution #3: I will diversify my investment portfolio. Resolution #4: I will review my existing investments. More items •31-Jan-2020