personal opinions-ie NOT objective facts
vary from person to person
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
vary from person to personVary from one person to another.
Costs and benefits are both subjective.
Cost and benefits are subjective
vary from person to person
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
vary from person to personVary from one person to another.
Objective statements are based on facts and can be proven or verified, while subjective statements are based on personal opinions or feelings. By critically evaluating the evidence and sources behind a statement, we can determine if it is objective or subjective. Making decisions based on objective information rather than subjective biases can lead to more informed and rational choices.
Subjective judgment refers to decisions or opinions that are influenced by personal feelings, beliefs, or opinions rather than by objective facts or evidence. It can vary from person to person based on individual experiences and perspectives.
Making decisions based on logical reasoning involves using facts, evidence, and critical thinking to reach a conclusion. On the other hand, decisions based on emotional intuition rely on feelings, instincts, and gut reactions. The main difference is that logical reasoning is more analytical and objective, while emotional intuition is more subjective and based on personal emotions.
subjective
objective means that you make decisions and draw conclusions based on evidence, subjective means that personal feelings have entered into a decison or conclusion.
Objective information is information that comes to us through our senses: what we see, hear, smell, touch or taste. Subjective information is what we think, feel, believe, judge or infer about objective facts. Although subjective information is interesting, program decisions need to be made based on observable, objective data.
Non-arbitrary refers to something that is based on specific reasons, principles, or criteria, instead of being random or subjective. It implies that there is a logical basis or justification for decisions or actions taken.
Non-programmed decisions are used for new, unstructured and badly defined problems, which are non-recurring. These decisions require subjective judgement. The top-level of management makes these decisions.
Logic is not subjective; it is a system of reasoning based on principles that are universally accepted as valid.