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13 Cards in this Set

  • Front
  • Back

Decision

the act of making a choice or coming to a solution

Decision making process

the steps one takes to make the best decision


define problem


gather info


consider alternatives


evaluate consequences


make the decision


evaluated the decision

goals

something a person wants to have or to achieve, and is willing to work for

long term goals

a goal that requires a considerable amount of time to achive

management

USING RESOURCES EFFECTIVELY TO ACHIEVE GOALS AND solve problems

needs

something that you have to have in order to live

priorities

items that rank high in order of importance to an individual

recources

something used to meet a goal

short term goals

a goal that requires a short period of time to achieve.


usually 3-6 months

smart goals

goals that require the five elements of financial or education goal setting



trade off

and exchange of one thing in return for another

values

ideas about right and wrong and what is important in your life

wants

things that you would like to have but are not necessary for survival