3DE Competency/Analytical Tool Review #3

Which competency can be described as: Uses logic, research, data, and intuition to break down complex problems; determines feasible strategies for solutions through observation, evaluation, and reflection

• Self-Direction

• Effective Collaboration

• Brainstorming

• Critical & Analytical Thinking

Why is information required for decision-making?
Choose the most appropriate response.

• it tells you what to do

• it helps you assess risks and evaluate alternatives

• It shows what the wrong choice is

• It enables you to always get the right answer

Why is objective analysis important for some decisions?
Choose the most appropriate response.

• Because decision-makers shouldn't care too deeply about the outcomes

• Because financial losses are always emotional

• Because financial decisions should not be made emotionally

• Because relying on emotion might lead to an uninformed decision

What must always be considered when making a decision?
Choose the most appropriate response

• How happy the right choice will make the decision-maker

• The amount of money that can be gained

• The emotional impact of the wrong decision

• The consequences of the alternatives

All of the following statements about consequences are true except:
Choose the most appropriate response

• Consequences can be positive

• Consequences can be negative

• Consequences are only negative

• Consequences are the results or effects of an action or decision