Question

1. what are some of the unplanned ways people make decisions?
2. list four strategies that individuals, families, businesses, and government apply when making financial decisions.
3. what are the five steps in systematic decision - making?
4. name three stages of management.
5. what two personal characteristics are key in reaching goals?

Explanation:

1. Unplanned decision - making can be impulsive, based on emotions or gut - feelings without prior thought.
2. Strategies for financial decision - making include budgeting, saving, investing, and risk - assessment.
3. The five steps in systematic decision - making are defining the problem, gathering information, identifying alternatives, evaluating alternatives, and making a decision.
4. The three stages of management are planning, organizing, and controlling.
5. Key personal characteristics for reaching goals are determination and self - discipline.

Answer:

1. Impulsive, emotional, gut - feeling based decisions.
2. Budgeting, saving, investing, risk - assessment.
3. Define problem, gather information, identify alternatives, evaluate alternatives, make decision.
4. Planning, organizing, controlling.
5. Determination, self - discipline.