Question 1

Q1. What is Rational decision-making?

Accepted Answer

A1. Rational planning is a model for rational decision-making in which a person is fully aware of all the alternatives.

Question 2

Q2. What is Cognitive Bias?

Accepted Answer

A2. Cognitive bias is a situation where the brain becomes inclined towards a specific choice while making a decision. It might be due to factors such as friends, family, our previous experiences.

Question 3

Q3. Is it true that only the tough decisions contribute towards improving the decision-making skills?

Accepted Answer

A3. No, each decision counts. It doesn’t matter whether it’s tough or easy.

Decision Making

Decision Making: A Guide Towards Excellent Choices