Describe the concept of analogical reasoning. Then, considering your last purchase decision, discuss how analogical reasoning could have helped you to improve your decision and increase your satisfaction with the product or service that you purchased.
(Managerial Decision Making) Bazerman and Moore suggest that we should understand the biases of others. Discuss...
Bazerman and Moore suggest that we should understand the biases of others. Discuss this concept in terms of why it is important for us to understand other people biases. In your discussion, focus on how you might be able to improve your decision-making in a group setting. 200-300 words APA
Research Kurt Lewin's model for change. Then, discuss the three-staged de-biasing process (unfreezing, change, and refreezing) and explain the mechanisms that make each of them hard to implement. In your discussion, include how you believe such a process can help you, personally, to improve your decision-making.
Question#2 Problem 13-22 Relevant Cost Analysis in a Variety of Situations [LO2, LO3, LO4] Barker Company has a single product called a Zet. The company normally produces and sells 80,000 Zets each year at a selling price of $40 per unit. The company's unit costs at this level of activity are given below: Direct ma
(Managerial decision making) Eventually, the United States and Iran will have to sit down and negotiate the use of nuclear power.
Eventually, the United States and Iran will have to sit down and negotiate the use of nuclear power. Discuss the issues that could be involved in such a negotiation. What cognitive mistakes might be made by the negotiators in this case? How could these mistakes be overcome in order to reach an acceptable agreement? 200-300 words
Identify and apply the four steps in deriving a decision.
Research the subject of the Enron and Arthur Andersen relationship. Discuss your findings in terms of the application of ethics in the various decisions made by the Enron and Arthur Andersen teams. How did bounded ethicality play a role in these decisions? 200-300 words APA
Recently, the American International Group (AIG), a global insurance and financial services organization, accepted billions of dollars from the United States Government in order to remain solvent and in operation. After receiving this money, the organization decided to pay over $160 million in bonuses. Discuss the ethical proble
Bernard Madoff, a once highly regarded member of the Wall Street community, recently pleaded guilty of running a $50 billion ponzi scheme. Research the driving forces behind his seemingly unethical behavior and discuss your findings. How did favoritism and bounded ethicality come into play in this case? 200-300 words APA
Saturn has never turned a profit for GM. Why hasn't Saturn turned a profit? Was escalation of commitment in play in GM's decision? Why?
In the 1960s, Britain and France decided to jointly fund and build a supersonic transport that became known as the Concorde. Research the decision to build and fly the supersonic transport Concorde. Then, discuss how the sunk costs and an escalation of commitment affected their decisions. 200-300 words APA
Discuss how perceptual bias affected President George W. Bush's decisions that lead the United States into war in Iraq in 2003. Did judgmental bias play a part in these decisions? 200-300 words APA
Discuss a time when you were involved, either as an individual or as part of a group, in a decision in which escalation of commitment took place. How did you feel about the decision and the escalation? 200-250 words.
(Managerial decision making) Report on a decision that you were a part of or had witnessed in your organization
Report on a decision that you were a part of or had witnessed in your organization where personal motivation and/or emotions on the part of decision maker(s) may have cause a sub-optimal decision to be made. 200-300 words APA format
Managerial decision - Discuss your feelings about the multiple-selves theory. Do you feel the pull between what you want and what should be done? How have you reconciled these differences in the past?
As a developing critical thinker, we should get in the habit of explicitly stating the purpose we are trying to accomplish. What is a summary of the purpose you wish to use critical thinking in your life and by which methods will you develop it? I am looking for about 400 words, notes about topic above. ~Pamela
For a business organization to sustain its operations over an extended period of time, it is necessary to maintain proper management over its cash flow. For each of the following scenarios, describe in detail the practices you would recommend. Scenario 1: Over the past five years, your organization has experienced increa
Conduct an Internet and literature search on the topic of joint versus separate preference reversal. Discuss your findings. In your discussion compare and contrast joint and separate preference reversal. 200-300 words APA
Conduct a literature and an Internet search on the topic of the Challenger space shuttle disaster. Discuss how the decisions made that fateful day may have been influenced by framing on the part of both the NASA engineers and the engineers at Morton-Thiokol. Cite at least two sources besides your textbook 200-300 words APA
Conduct an Internet and literature search on the topic of the expected-value decision rule. Discuss your findings. Review how the expected-value decision rule played a part in a recent decision you made.
Discuss your attitude about certainty, uncertainty, and risk when making decisions. How has your attitude helped or hindered your ability to make rational decisions 200-300 words APA
Read the essay entitled" The Bay of Pigs Invasion" found on the internet at http://www.cyberessays.com/History/37.htm discuss the failure of the invasion in terms of bounded awareness. In your opinion, what caused the poor decission to be made? could focalism and/or focusing illusion have played a part in the failure? if so, how
(Managerial decision making) On January 28, 1986, the Space Shuttle Challenger was destroyed upon launch from Cape Canaveral, Florida killing all seven astronauts on board.
On January 28, 1986, the Space Shuttle Challenger was destroyed upon launch from Cape Canaveral, Florida killing all seven astronauts on board. Conduct a literature and an Internet search on the topics of the Challenger disaster and groupthink. Then, discuss how groupthink might have created decision-making problems for NASA and
Need some helping in writing an 800 word memo that explains the financial statements a small business owner should prepare at the end of each accounting period. Include a discussion regarding what information each report contains and how they might use that information to manage his business. Can you help me get started with
Discuss how bias has blocked your ability to make a rational decision. In your answer, discuss the heuristic that you may have used and the bias associated with that heuristic. What could you have done to overcome the bias generated by the heuristic? 200-300 words APA format
By the end of its second year of operations, First General Associates (FGA) had accumulated the following data. FGA delivers certain services to various organizations on a cost - plus basis. Service delivery involves considerable labor and materials as well as significant equipment usage. As a basis to estimate cost behavior fo
I need to identify a company, by name, and explain (in my own words, paraphrasing from the information I've researched) their primary purpose or mission. Also, I need to know what services or products are offered that are designed to help other businesses improve decision making. I also need to know if the product or service wil
The most recent monthly contribution format income statement for Raven Company is given below: Raven Company Income Statement For the Month Ended May 31 Sales $900,000 100.0% Variable expenses 408,000 45.3 Contribution 492,000 54.7 Fixed expenses 465,000 51.7 Net operating inco
Details: In November 2003 the U.S. Congress passed a controversial health policy bill that President George W. Bush signed into law. The new legislation makes the most far-reaching changes to Medicare since the program was created in 1965. Please address the following questions: Why were changes to Medicare deemed necessary?
Benjamin Company produces products C, J, and R from a joint production process. Each product may be sold at the split-off point or processed further. Joint production costs of $95,000 per year are allocated to the products based on the relative number of units produced. Data for Benjamin's operations for last year follow (THIS I