▶ Your Answer :
Some people think that hasty decision also complete in good result. However, in my opinion, it is not easy to conclude that pleasantly because hasty decisions are accompanied by not enough consideration. Thus, there are high risks in sudden decisions about making mistakes and producing more opportunity costs.
To begin with, tremendous amounts of faults we made are attributed to sudden decisions. If we paid more attention to the probable damage(hazard) before we made the decision, we could have avoid or even decrease that damage. For my experience, nowadays I accumulate some stocks. When I saw some downward tendency on my interesting stuff in the stock market, I immediately bought it. After 3 hours later, the price of that stuff felled more. So I regret my decision.
On top of that, when we make some decisions, that always yield opportunity cost, which is the economic concept. In other words, if we have to select between A and B, and choose A, the satisfaction of B would be our opportunity cost. Therefore, we have to consider whether the happiness of A is more bigger that B sincerely before making decision. There was a research by Social Research Agency in 2021 with 200 citizens as respondents. The purpose of the research was to determine adequate amount time that they can feel more pleasant with their decision making. The group A was asked to make decision in just 15 minutes to choose their house, and the group B was given 1 hours to do that. Over 80 percent of the people of group B answered that they can satisty with their house. On the contrary, only 10 percent of those of group A said they want to change their choice.
To sum up, hasty decisions have more chances to produce drawbacks and involve high opportunity cost. In this regard, I firmly feel that considerate decision making is more beneficial for us. |