Are judgement and decision-making interrelated processes? Explain.
Answers
Answer:
Explanation:
Are judgment Judgment and decision-making interrelated processes. In judgement the conclusions are drawn from opinions events, based upon evidences. Decision-making requires choosing among the alternatives by evaluating the cost and benefit associated with each alternative.
Judgment and decision-making are interrelated processes
Explanation:
The role of judgment in decision making is very crucial since it has the ability to alter the decision outcome.
Judgment is based on evidence which helps to draw conclusions or opinions. Evidence-based judgment facilitates better decision making
Judgment can be used to provide cost-benefit analysis which helps to decide about the variables better
Judgment by proper evaluation, understanding the pros and cons, critical thinking, providing objective solutions, with a problem solving attitude facilitates decision making.