Decision Making

The process of making a choice or solving a problem.

• Experience

• Decision Making

• Values

• Integrity

The beliefs that guide the way a person lives.

• Values

• Decision

• Character

• Role Model

What is the FIRST step of the decision-making process?

• make a plan! 

• make a decision 

• determine need or want 

• evaluate choices 

Which of these is not part of the decision making process?

• Gather information

• Consider the consequences

• Evaluate the results

• Agonize

A ________________ is something that happens as a result of a particular action or set of conditions

• Technology

• Warranty

• Resource

• Consequence

Developing a thorough plan of action prior to deciding what to do is called a ____________________.

• Complaint

• Comparison Shopping

• Decision-making Process

• Budget

They often only involve you, and they have few possible negative consequences

• Minor Decisions

• Major Decisions

• Prefrontal Cortex

• Criteria

They require serious thought and should be made in an orderly way, these decisions have a greater impact on your life

• Values

• Limbic System

• Minor Decisions

• Major Decisions

The standards in which you base your decisions

• Self-Image/Self-Concept

• Dopamine

• Criteria

• Responsible

What is opportunity cost?

• the value of the next best option that is not selected when a choice is made.

• there is not enough of it.

• things people make to earn money.

• actions people do to earn money.