Discussion 1: First, spend a couple of sentences summarizing the Concepts in Action video you watched this week. Then, answer the following. What do you think the speaker in the Concepts in Action video you watched this week meant when he mentioned that he talked about the time value of money with his managers? Can you think of an example in your own work history or something you’ve read about where the time value of money might be relevant?
Discussion 2: Discuss a time you employed a method similar to the rational decision-making process to make an important plan or decision at work, college, or home. Was it a successful method for you?
Discussion 3: Discuss any sort of personal benchmarking you might conduct in order to boost your performance as a student, an athlete, or a hobbyist. Provide an example to support your discussion.
