Question: PLEASE ANSWER FAST, I AM IN A FINAL EXAM, I DONT HAVE ENOUGH TIME, PLEASE I DONT NEED A LOT OF EXPLANATIONS (STEPS) SOMETHING SHORT

PLEASE ANSWER FAST, I AM IN A FINAL EXAM, I DONT HAVE ENOUGH TIME, PLEASE I DONT NEED A LOT OF EXPLANATIONS (STEPS) SOMETHING SHORT BUT GOOD(CORRECT ANSWERS) PLEASE I NEED HELP, THANK YOU, I JUST HAVE 15 minutes!

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.