CBSE BoardEnglish MediumSTD 11 HumanitiesPsychologyThinking3 Marks
Question
Are judgment and decision-making interrelated processes? Explain.
✓
Answer
Judgment and decision-making are interrelated processes.
In decision-making the problem before us is to choose among alternatives by evaluating the cost and benefit associated with each alternative. For example, when you have the option to choose between psychology and economics your decision will be based on future prospects.
Decision making differs from other type or problem solving. In decision-making we already know the various solutions of choices.
Judgments are not decisions although they make yield information necessary for decision.
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