Like any goal-directed activity, thinking can be done well or badly. Thinking that is done well is thinking of the sort that achieves its goals.
Complicated problem-solving and decision-making processes are engaged for all sorts of human activities. You must make decisions about things as simple as what clothes to put on in the morning and as complex as how to raise your children. Your decisions can have long-lasting consequences. The CEO of a company could decide to expand based on an overestimate of the company’s financial strength, which might result in bankruptcy. This in turn would result in the loss of many jobs and have devastating consequences for the local economy. ...