Personal Decision Making

All the options you give up when you choose one alternative over others

• systematic approach

• opportunity cost

• trade-offs

• delayed gratification

Evaluating the decision means

• looking at the outcomes of the choice

• Considering if a good choice has been made

• changing the decision next time in needed

• all of these

A willingness to give up something now in return for something perhaps better later

• delayed gratification

• procrastination

• opportunity cost

• instant gratification

Decisions are personal and should never involve others.

• True

• False

An unwillingness to give up something in return for something later.

• delayed gratification

• instant gratification

• stubborness

• instant trade-off

Your decision can affect others

• true

• false

From the video "Don't Eat the Marshmallows", the key to success is

• instant gratification

• earning rewards

• self-discipline

• self-awareness

If the benefits should change between two options, could your decision change?

• yes

• no

The value of the greatest benefit of the next best alternative that could have been chosen, but was not.

• alternative choice

• trade-off

• values

• opportunity cost

What is a good decision-making process?

• decide upon options

  write them down

  place in a hat

  draw out a decision

• consider options

  list benefits

  consider values

  make a decision

  evaluate the decision

• brainstorm options

  get others' opinions

  select easiest choice

  wait for outcome

  don't do it again

• seek advice

  do what others do

  do differently next time