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Real-Life Activities

Real-Life Decision Making -- Solution

You upgrade your skills.

This is the real-life decision that miner James Moor would make. "The mining industry leans heavily on experienced and technically qualified people with good backgrounds in engineering," he says.

You decide that you are going to go back to school to continue your education in engineering.

You know that if you get a higher position, your income would go up as well. You also are aware that with an education you are more employable. If there were any layoffs, you would have a better chance of staying with the company. You would also have a better chance of being hired by competitors.

You go back to school. Although it is tight for you and your family in the short run, it ends up being well worth your while. It doesn't take long for you to pay off all of your school debts and begin to get promotions.

Also, as time goes on, you find that you aren't laid off when there are cutbacks. Other employees who had been with the company longer but didn't have any post-secondary training were let go.