Good judgment is an important skill that involves the ability to make sound decisions. It is composed of several components, such as SENSE, REASON, ANALYSIS, DISCRETION, horsesense, commonsense, and levelheadedness. SENSE is the ability to perceive and understand things, while REASON is the capacity for logical thought. ANALYSIS is the process of breaking down a complex idea into simpler parts in order to gain a better understanding. DISCRETION is the ability to make wise decisions based on careful consideration. Horsesense is the ability to think quickly and accurately in difficult situations. Commonsense is the ability to make decisions based on practical experience. Levelheadedness is the ability to remain calm and rational in difficult situations. Together, these components form the basis of good judgment.