What is a trade-off in decision-making?
Would you rather?

Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A trade-off in decision-making refers to the concept of giving up one thing in order to gain another. It involves evaluating the benefits and costs of different options.
2.
FLASHCARD QUESTION
Front
What does it mean to prioritize options?
Back
Prioritizing options means ranking choices based on their importance or value to the individual, often considering factors like personal preferences, consequences, and benefits.
3.
FLASHCARD QUESTION
Front
What is the significance of personal values in decision-making?
Back
Personal values influence decision-making by guiding individuals toward choices that align with their beliefs, ethics, and what they consider important in life.
4.
FLASHCARD QUESTION
Front
How can hypothetical scenarios aid in decision-making?
Back
Hypothetical scenarios allow individuals to explore potential outcomes and consequences of different choices, helping them to visualize and evaluate their options.
5.
FLASHCARD QUESTION
Front
What is the concept of risk versus reward?
Back
The concept of risk versus reward involves assessing the potential benefits of a decision against the possible negative outcomes, helping individuals make informed choices.
6.
FLASHCARD QUESTION
Front
What role does emotional intelligence play in decision-making?
Back
Emotional intelligence helps individuals understand and manage their emotions and the emotions of others, which can lead to better decision-making and interpersonal relationships.
7.
FLASHCARD QUESTION
Front
How does peer influence affect decision-making?
Back
Peer influence can significantly impact decision-making, as individuals may feel pressured to conform to the preferences or behaviors of their peers, affecting their choices.
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