Heuristics and bias - decision making

Assignment Help Business Management
Reference no: EM1342939

Heuristics and Bias - Decision making

Your firm is hiring a new marketing manager and you and one of the other senior managers has been interviewing candidates. A candidate just completed the interview process and you felt that she had the skills and background needed for the position. After expressing this to the other manager he replied that this person would not be a good fit and that you should continue to search for another person.

The candidate in question had the following skills, background and characteristics:

Hispanic Woman
Masters Degree in Marketing
Worked for a competitor for the past 20 years
Based on your review of this situation answer each of the following questions:

Identify the possible heuristics and/or biases that may have influenced your co-worker's opinion.

Are there ethical or legal implications from making a hiring decision based on his opinion?

What would your response be to your co-worker?

How would you convince him that this person is right for the job and should be hired?

Reference no: EM1342939

Questions Cloud

Prepare a plan to convince grace : Prepare a plan to convince Grace that she should take the position in England and identify the most important requirements for Grace to make her decision
Show the decision-making process : Decision-making process - How would you determine whether short-term goals or long-term goals should drive a decision?
Changes in organization structure and management style : List key factors involved in an action plan and determine the plan's general structure and write an action plan that incorporates the key factors and general structure.
Determine paul pecos decision rule : Determine Paul Pecos' decision rule and determine Paul Pecos' reaction to Ms. Goodperson's sale.
Heuristics and bias - decision making : Identify the possible heuristics and/or biases that may have influenced your co-worker's opinion and are there ethical or legal implications from making a hiring decision based on his opinion?
Decision-making software advertised by a company : How is this software designed to help with decision-making - What method does it use and Do you think that this software would help improve decision-making
Distinguish between a business gift and a bribe : Distinguish between a business gift and a bribe and describe to your boss that the Rolex you received from your company's newly contracted agent in Dubai was a gift.
How do you make decisions when issues are complex : How do you make decisions when issues are complex and Once knowing what has to be decided and how the data stacks up, how do you proceed?
Expansion analysis based on different variables : Will the Tam Burger stores choose to expand and How would your answer change if the stores were franchised units and owned by value-maximizing investors?

Reviews

Write a Review

Business Management Questions & Answers

  Ethics and bottom line for gm and toyota

Our class has a discussion going on about how ethics might hinder the bottom line and how ethics might benefit the bottom line? Can anyone give some input in regards to GM and their bailout?

  Questions on ethics and stakeholder analysis

Perform a stakeholder analysis and discuss how the various stakeholders would be affected if the CFO and CEO manipulated the earnings.

  Differences between a manager and a leader

If a student is looking to find the differences between someone that manages a group of people or someone that leads a group of people

  Five objectives of operation management

Regarding the five objectives of operation management,

  Calculate the variances

Calculate the following variances and provide plausible explain results

  A strategic marketing plan

The conference is moving into its fourth week. Over the past three weeks, you and your colleagues each have developed most of the components of a Strategic Marketing plan.

  Leadership styles impede the change initiative

How did these leadership styles promote or impede the change initiative? Use the below bullets when describing.

  Description of cost leadership strategy

Description of Cost leadership strategy - If a firm is following the cost leadership strategy, and overhead accounts are complex, then the?

  Business-government relationship in mongolia

Analyse of business-government relationship in Mongolia, addressing influx of foreign investment vs. traditional nomadic culture.

  How the cost of financial distress might influence this firm

Assuming there is no cost of financial suffering imposed on the fixed, Describe new share price? Examine how the cost of financial distress might influence this firm

  Whistle blowing and business ethics

What is whistle blowing, and why is it significant to the study of business ethics? Give details. Describe the reasons why an employee would refrain from reporting potentially unethical behavior in his/her organization.

  Lack of research contributed to failure of business

Give another example of how lack of research contributed to the failure of a business.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd