Understanding Decision Making and Ethics

What is the first step in the decision-making process?

• Evaluate the alternatives

• Identify the decision to be made

• Make the decision

• Gather information

Which of the following best describes opportunity cost?

• The total cost of all options

• The cost of the next best alternative foregone

• The cost of the chosen option

• The cost of all possible alternatives

Which of the following is considered inappropriate behavior in the workplace?

• Arriving on time

• Gossiping about coworkers

• Completing tasks efficiently

• Communicating clearly

How many career clusters are recognized by the National Career Clusters Framework?

• 12

• 16

• 20

• 24

Which of the following is a key principle of ethics?

• Self-interest

• Honesty

• Profit maximization

• Competition

What is the final step in the decision-making process?

• Evaluate the decision

• Implement the decision

• Gather information

• Identify the decision to be made

Which of the following is an example of conflict resolution?

• Ignoring the problem

• Discussing the issue openly

• Blaming others

• Avoiding the person

Which of the following is NOT a career cluster?

• Health Science

• Information Technology

• Culinary Arts

• Finance

What is the second step in the decision-making process?

• Identify the decision to be made

• Gather information

• Evaluate the alternatives

• Make the decision

Which of the following is a common ethical issue in the workplace?

• Taking extended breaks

• Misusing company resources

• Working overtime

• Volunteering for extra tasks