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FinnZ [79.3K]
3 years ago
12

What are the different schools (beliefs) of decision making?

Business
2 answers:
Law Incorporation [45]3 years ago
5 0

Utilitarian decision-making are when ethical decisions are the first type of decisions to be made. Right decision-making, where everyone involved should have the same rights, fairness and acceptance when making the decisions. Common good decision-making refers to making decisions as individuals that will have an affect on the community as a whole. Virtue decision-making,  refers to the virtues that help make decisions for the individual or company- honesty, generosity and knowledge are some of the most important parts of the decision making process. 

Sladkaya [172]3 years ago
4 0
<span>The different schools (beliefs) of decision making are : 
</span>utlitarian decision making- ethical decision are primary
right decision making - everyone involved should be granted the same rights
fairness and justice decsion making - th
common good decision making -  individuals as part of a larger community.
virtue decision making - <span>honesty, generosity and knowledge are the most important parts of the decision making process</span>

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Answer:

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Explanation:

A consumer can choose between saving and spending money, that is measured by the marginal propensity to consume or the marginal propensity to save. Money that is spent now, will provide a certain satisfaction in the present, but nothing in the future. Money saved will not provide a certain satisfaction in the present, but should provide much more satisfaction in the future since it should grow as time passes.

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2 years ago
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3 years ago
Read 2 more answers
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