Explore BrainMass

Business Policy and Implementation

(Managerial Decision Making) American International Group (AIG)

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

(Managerial Decision Making) Bernard Madoff

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

Decision Making

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?

Assessing Strategic Management and Business Policy

Evaluate each of the following approaches that a business firm could use to gather information about competition. For each approach, mark its appropriateness using the following scale: 1. Definitely not appropriate, 2. Probably not appropriate, 3. Undecided, 4. Probably appropriate, and 5. Definitely appropriate The busin

Strategic Management and Business Policy

Research the Tata Group of Companies (http://www.tata.com/aboutus/sub_index.aspx?sectid=8hOk5Qq3EfQ=). After reviewing of all the documents you can find on the web and in libraries, write a 3-page response to the following questions: 1. What is the most important problem facing the Tata Group? 2. What recommendation(s) woul

(Managerial Decision Making)

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

(Managerial Decision Making)

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

Managerial Decision Making - Escalation of Commitment

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.

Relevant Information for Decision Making

The company to be used is General Motors. Time period used 2007-2008 Identify a decision that has recently been made or will be made in the near future in your organization. Identify two relevant and two non-relevant costs in this decision. If you cannot identify specific actual amounts, make a reasonable estimate and

Critical Thinking: Strategies in Decision Making

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

Cash Flow Decision-Making

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

Managerial decision

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

Managerial decision

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

Expected-value decision rule

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.

Managerial decision

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

( Managerial decision making) Read the essay entitled

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

Financial statements: small business

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

Managerial Decision Making: Case of the Ford Pinto

Visit the website www.motherjones.com/news/feature/1977/09/dowie.html and read the article concerning the Ford Pinto. How did the decision making process help to create the problems for the Ford Pinto? Do these decisions represent optimizing behavior or satisficing on the part of Ford? If you were Lee Iacocca, would you have dec

ABC; Cost behavior; Decision making and relevant information

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

Organizations that Enhance Decision Making Abilities

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

MGT and Business Policy

Research Mars (http://www.mars.com/global/News+and+Media/Mars+News.htm). After reviewing of all the documents you can find on the web and in libraries, write a 3-page response to the following questions: 1. What is the most important problem facing Mars? 2. What recommendation(s) would you make to Mars, and in what order of p

Segmented Reporting and Decision Making

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

U.S. Health Policy

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

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

Making decisions under constraint conditions.

Gluth Company makes three products in a single facility. These products have the following unit product costs (PLEASE SEE THE ATTACHED FILE FOR THE DATA): The mixing machines are potentially the constraint in the production facility. A total of 23,200 minutes are available per month on these machines. Direct labor is a var

Decision making tools in Managerial Accounting.

On January 1, 2009, ABC Company started the business with AED 1,000,000. The Company intends to produce and sell a single product called Alpha. The following projections are extracted from its business plan for the upcoming year. The normal production capacity is per year is 40,000. However, the projected sales is 32,000 uni