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We learn in this module about some of the most common decision-making biases that get in the way when we try to optimize the outcomes of our decisions. Think of a time when you were a victim of one or more biases. What was the outcome? How might you bring about a different outcome if a similar experience occurred today? Support your comments by discussing one or more examples from the contemporary environment that parallel your experience. Cite at least one example from popular media (newspaper, radio, television, internet, or podcast, for example).
Another beneficial thing about PERT is that it provides estimations from multiple sources, and by comparing it makes more accurate estimations.
if goodwill is reported, explain how the amount of goodwill is determined.
Evaluate how organizational cultures are perceived and how problem solving and creativity are promoted with organizational diversity.
Competitor Analysis focuses on each company against which a firm competes directly (i.e. Coca-Cola .vs. PepsiCo; Home Depot .vs. Lowe’s). Where/how does AMAZON hold an advantage over the competition? What will AMAZON’S competitors do in the near futu..
Slower decision making is associated with functional departmentalization.
What challenges do charismatic leaders face? Why do people follow charismatic leaders?
Purpose: To learn more about the banking crisis that began in 2008 and the process of recovery. Exercise: Do an Internet search to find a current article from a credible source (The NY Times, MSN Money, Entrepreneur, The Wall Street Journal, Business..
How do you define information? Is it valuable and to whom? If you were in charge of data, would you be a hunter/gatherer or farmer/cultivator and why?
Describe the attribution theory and discuss the three factors that determine externally caused behaviour based on the attribution theory.
Describe the method of research to be applied and why it is most appropriate for the study. Describe the population, the sample, and how you intend to gather data to address the research problem.
Identify 2 assumptions of the Center of Gravity Model. How do these assumptions limit the application of the model?
How is internal assessment useful for more than just evaluating employees for other positions in the company?. Do you feel that multi source feedback is appropriate?. Using the nine box matrix, an employee doing a good job might actually be rated low..
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