Decision Making

​Making Decisions

By Jeremy Bannerman

Categorize

Options (12)

I will invest money

I will have a savings account

I will maintain a budget

I will go out to eat with friends

I will take guitar lessons

I will study a second language

I will celebrate holidays

I will live near my parents

I will live with my parents

I will go to a college

I will learn a trade skill

I will start my own business

Match the following decisions to the correct category:

Finances

Lifestyle

Family

Career

Why is making a decision so important?

​Glad you asked!!!

Multiple Choice

Making good decisions is important because...

• Making GOOD decisions will enhance your quality of life

• Making BAD decisions will enhance your quality of life

• Making GOOD decisions will cause trouble for your friends

• Making BAD decisions will bring your family happiness

Drag and Drop

Economic factors that affect your decision making are ​

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​

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and the ​

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Drag these tiles and drop them in the correct blank above

Inflation

Interest Rates

Unemployment Rate

Friends' opinions

Parents' opinions

Teachers' opinions

Fill in the Blanks

You should always be aware that every time you make a decision, there is an ___________ ____ you are paying.

Multiple Choice

To help you make the best decisions, you should consider your past _______________

• Experiences

• Careers

• Schools

• Tv Shows

Let me Explain....

Opportunity Cost...

is the potential benefit or benefits you may lose out on when choosing one decision over another.

The Decision Making Process

​Steps:

1. Identify the Decision

2. Gather Information

3. Identify the Options or Alternatives

4. Identify any known evidence

5. Choose one out of the options available

6. Review the Decision

​Identify the Decision

Multiple Choice

A step in the decision-making process states, we must______________

• Clearly identify the decision that needs to be made

• Ask our mom what decision needs to be made

• Clearly identify our father's shoes

• Make sure we bring our raincoats

Gather Information

Fill in the Blanks

When making a good decision, we are sure to always

as much information as possible

Identify the Options Available

Multiple Select

It might be important to identify all options available when making a decision in order to?

• Give yourself the BEST possible outcome

• Ensure your OPPORTUNITY COST is low

• Ensure your OPPORTUNITY COST is high

• Give yourself the WORST possible outcome

​Check for Evidence

Multiple Choice

Why did Mrs. Mac research her new Tesla online before making her purchase?

• She wanted EVIDENCE the vehicle was reliable

• She wanted EVIDENCE the vehicle was affordable

• She wanted to BRAG to her friends she could use the internet

• She wanted NEW SHOES

Select Your Best Option!

Get going!

How'd it Go????

Open Ended

Describe 3 MAJOR or really important decisions you have to make.

Open Ended

Describe 3 MINOR or basic decisions you have to make.

Multiple Select

Select ALL possible influences that could affect your decisions.

• FAMILY

• AGE

• FRIENDS

• TV

Multiple Choice

How do we define decision?

• To force by overpowering influence or persuasion

• The act of making up one’s mind

• A strategy by which someone convinces someone to do, think, or say something

• A power indirectly affecting a person or an action

Multiple Choice

How do we define persuasive tactics?

• To force by overpowering influence or persuasion

• The act of making up one’s mind

• A strategy by which someone convinces someone to do, think, or say something

• A power indirectly affecting a person or an action

Multiple Choice

Which type of decision requires time, thought, and consideration before making a choice?

• Simple

• Everyday

• Complex

Multiple Choice

Qualities you believe are important in the way you live are considered your _____.

• Integrity

• Goals

• Ethics

• Values

Multiple Choice

The process of making a choice or solving a problem.

• Values

• Integrity

• Decision making

• Experiences

Multiple Choice

Olivia cut her 6th period class. She was caught and spent a day in In School Suspension. When she was tempted to cut class again, she thought about it and decided that it wasn't worth the negative consequence she had the last time. She did a good job of...

• Fooling the administration

• Considering the consequences

• Identifying the problem

• All of the above