Discuss a scenario in your life where you had to choose between two different alternatives. List...

Discuss a scenario in your life where you had to choose between two different alternatives. List the financial as well as the nonfinancial implications of each choices. What did you decide? Why?

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Expert Solution

I had to choose between whether to do a job or whether to to start my own business and I decided against doing a job because it would have absorbed my time and it would also have observed my independence and my thinking capability so I decided against doing a job and I opted for my own business and that is helping me to explore new ideas and hopefully I will succeed.

Their various financial reasons for going against job-

A. I went against the job because it was offering me not enough of salary according to my capability

B.it was also killing my time as well and I think time is a financial thing rather than a non financial thing

C it was also costing me to switch to another city and that would have reduced my overall income.

Non-financial factors that I have considered are as follows-

A. It would have not left me with much independence in my life and I would have been observed with my all time

B. Thinking capability was also limited because I was assigned with the role which i didn't like

C dealing with unnecessary stress in my life because of completion of work oon time

jeff jeffy answered 1 year ago

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