Final answer:
The statement is True. It is crucial to determine the likely outcomes of each choice in the decision-making process, which allows for comparing different options and considering their potential consequences, both intended and unintended.
Step-by-step explanation:
The statement 'After determining your possible choices in the wise choice process, the next step is to determine the likely outcome of each possible choice' is True. When making decisions, it is essential to consider the likely outcomes of each choice. This is similar to how politicians study polls to estimate their chances in an election, or how a teacher selects a curriculum based on what students are able to understand. In the context of the wise choice process, once you have determined the possible choices, you next predict the potential outcomes which helps you compare and assess the options' viability. These predictions are based on the information available and draw parallels to various real-life situations, such as job market analysis for career decisions or choosing treatments with the best possible success rate in medicine.
For example, if you are considering different career paths, you would assess the future results of each option by looking at job availability, potential earnings, and your personal satisfaction. Asking questions about both the intended and unintended consequences is also a crucial part of this step. Such critical thinking ensures that you make an informed decision that aligns with your goals and the greater good, depending on your values and the contexts, such as which option could result in the greatest happiness for the greatest number of people.