A situation where there are multiple options available, each with its own set of pros and cons.
Think about choosing a college major. You like both psychology and biology - psychology fascinates you but biology offers better job prospects. However, both require intense study which could be stressful. This is a multiple approach-avoidance conflict - each option has its attractions and drawbacks.
Problem Solving: The process involved in finding solutions to difficult or complex issues.
Choice Overload: A cognitive process in which people have a difficult time making a decision when faced with many options.
Trade-off Theory: A theory that attempts to explain the relationship between companies' levels of debts and equity to finance their operations.
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