ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Made on a day-to-day basis without a lot of thought
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Choices that have long-term effects on a person’s life
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May become a habit
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The process of identifying personal interests
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Detailed explanation-1: -Consistently making good decisions is arguably the most important habit we can develop, especially at work. Our choices affect our health, our safety, our relationships, how we spend our time, and our overall well-being.
Detailed explanation-2: -What is decision making? Decision making skills definition: The ability to select between two or more alternatives to reach the best outcome in the shortest time.
Detailed explanation-3: -Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.
Detailed explanation-4: -Career-related decisions (e.g. starting a new job) Education-related decisions (e.g. choosing a major) Family-related decisions (e.g. having a child) Finance-related decisions (e.g. buying a car) Relationship-related decisions (e.g. getting married) More items •20-Sept-2021