Decision making Flashcards
Decision making steps
Identify problem
Collect info
Consider alternatives + consequences
Make decision
Put plan into action + evaluate
Human resources
People + their energy, time + skills
Economic resources
Money, property
Environmental rresources
Air, water, trees, oil, gas
Community resources
Libraries, hospitals, schools
Ergonomics
The efficiency of people in the working environment: plan time, layout of equipment + sequence of task
Internal factors when choosing goods
Personal preference
Personal values
Need
External factors when choosing goods
Advertising/marketing
Trends, peers + family
Price + sales
Gross income
Income before deductions
Budget
Spending plan
Wages
Weekly payment
Salary
Monthly/bimonthly payment
PAYE
Pay As You Earn
Government services
PRSI
Pay Related Social Insurance
Sick pay, unemployment, retirement
USC
Universal Social Charge
Government tax
Voluntary deductions
Health insurance
Union fees
Saving options
Post Office
Bank
Credit Union
Cleaning management - water
Simple gentle cleaning
Cleaning management - Detergent
Washing up liquid/dishwasher detergents
Cleaning management - multipurpose cleaners
To clean work surfaces, cookers + glass
Cleaning management - abrasives
Steel wool pads to rub away stains
Cleaning management - bleaches
To remove stains + clean germs from floors, sinks + toilets
Cleaning management - disinfectant
To kill germs
Considerations when choosing cleaning agents
Cost + effectiveness
Time + energy
Safety
Ease of use
Pleasant to work with
Using cleaning agents
Simplest method + mildest agent 1st
Follow instructions carefully
Rinse thoroughly
Protect skin + clothing when using clothing agents
Store away from children
Advantages of budgeting
Helps you feel more secure + in control of your money
Helps prepare for major bills
Reduces risk of overspending + impulse buying
Helps identify problems
Advantages of saving
Money available for expensive items without taking out a loan
Helpful in case of emergency
Money is safe + earns interest
Advantages of a home filling system
Important documents are stored safely + easily found
Receipts + guarantees are available
Energy usage can be monitored
Management system
Set a goal
Identify resourxes
Plan
Act + evaluate
