Roles of emotion and fairness in decision making

Assignment Help Business Management

Reference no: EM1359885

There are numerous articles that deal with legal and ethical pitfalls related to misinterpretation, lack of reliability and validity of data. We are all aware of the popular usage of references and resources chosen not for their own unquestionable authenticity and validity but rather chosen to support a specific leaning, point of view, or action. The adage about using statistics in any way one wants emphasizes the frequency of data mishandling.

Reviewing scandals of our recent corporate past and please answer the following:
- How did the company you have researched use or misuse data to support their decisions?
- What were the results of this mishandling?
- Interactive: Focus on one other corporate entity of your choice from such institutions as banking, lending, mortgage institutions, telecommunication, automobile industry, insurance companies etc. How did this company misuse data?
- Respond to one other learner and discuss the ethical implications of this case.
- Interactive: Respond to another learner's post and discuss the implications of this different case.

Objective: The Objective of the Unit 3 DB Assignment will involve the following the Course Outcomes and Grading Criteria with their respective percentages for the :

- Summarize the role of decision making in business.

- Explain the roles of emotion and fairness in decision making.

- Use effective communication techniques.

- Apply the standard of APA Style to all research and writing tasks.

- Apply critical thinking skills to analyze business situations.

- Apply principles of quantitative and qualitative research to business cases.

- Recognize situations that present potential legal and ethical issues and develop solutions for those issues.

Reference no: EM1359885

Questions Cloud

Explain the situation facing mensa at the time of the case : Explain the situation facing Mensa at the time of the case and This should include the major issues facing the company and the decisions that need to be made

What time delay delta t is necessary : what time delay Delta t is necessary. A boxcar of mass 600 tons at rest becomes uncoupled on a 5.00 grade. If the track is considered to be frictionless, what speed does the boxcar have after 15 seconds.

Compute the bonds price today and current yield : A newly issued corporate bond has twenty years to maturity. The bond has a coupon rate of 8% and pays interest semiannually. Also bond is callable in six years at a call price equal to 115% of par value.

Stakeholders and management decisions : What would you say are the degrees of power in analyzing stakeholders and which stakeholder usually holds the greatest amount of power and the least amount and why?

Roles of emotion and fairness in decision making : Summarize the role of decision making in business and explain the roles of emotion and fairness in decision making.

Find electromagnetic energy incident from the satellite : How large does the radius R of the dish have to be to achieve an electric field vector amplitude of 0.1 rm mV/m at the receiver.

Basic concepts of classic theorists : Identify one of the classic theorists, (Freud, Adler or Jung) that most appeals to you and outline the basic concepts of their theory. Construct a 250-300 word post including the following points.

Determine the projected net income : Goran Blomberg is interested in investing in a new rooms only lodging property. He requires some financial projections for the proposed operations. He provides the following information

Why do businesspeople keep making the same mistake : Explain what happened to Nortel is similar to what happened to WorldCom and Enron in the early 2000s, and to Lehman Brothers,

User Account

All Pages