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Task Description: Understanding factors that affect decision-making is important for our own lives as well as advising or helping others. Accordingly, this task provides students with an opportunity...

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Task Description:Understanding factors that affect decision-making is important for our own lives as well as advising or helping others. Accordingly, this task provides students with an opportunity to synthesise the content knowledge of Topics 1-3 and make reflections on their own factors that have impacted important decisions. For a list of examples of big decisions, look at the attachment under the assessment tab and selectthree. You may also draw on observations of people in your household as a useful way of gaining insight into the drivers of your own behaviour. Students are encouraged to reflect deeply onwhichbiases andhowthey have impacted your decisions. The writing style of this assignment includes reflective writing which may include pronouns (I, my, etc).

You should include in your assignment:

a)An analysis of biases or limitations that influenced your own decision-making in your chosen examples

b)Explain those biases. Provide insight as to why these biases with examples

c)Describe what can be done to mitigate the negative impact of these biases in future decisions

d)An introduction and a conclusion

Answered Same Day Aug 26, 2021

Solution

Preeta answered on Aug 26 2021
153 Votes
Introduction:
We all make certain choices in our life related to career, education, relationship, relocation, family, finances, self-destruction as well as self-development, etc. even though most of the time these decisions seem to be natural and based on the instinct of the person taking it yet there are some bases which are always used in taking up these decisions. The basis of decision making can be influence of close people or the life experience of the person taking it. Most of the times, these decisions are inte
elated with each other and one decision might have an impact on other (Gerson, 2013). 
Biases or limitations in decision making:
For my career, I want to pursue a new job. In fact, I was doing a part time job along with my studies. But now, I do not want to continue that job anymore and want to pursue a new job. Survivorship bias is a factor that led me to this decision along with financial limitations. 
After I am settled in my career, I want to start a relationship and get ma
ied. Relationship bias is a factor that has led me to this decision. Confirmation bias is also another factor that has led to this decision from the learnings that I have gathered from my friends and families. Another factor which plays a role in this decision is to left out or being alone. 
After I achieve my career and relationship objectives, I want to focus on my family extending. I want to either have a child or adopt a child. even...
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