Reference no: EM131329611
3 page paper ****answer all questions
We've all had experiences where we have been frustrated by a decision that our supervisor made. You have probably blamed this decision on your boss being "closed-minded," "stubborn," or "pigheaded." But after reading the background materials you should be able to more precisely examine and define the precise decision-making biases or pitfalls that your supervisor made.
For this assignment, think of three bad decisions that your current or past supervisors made. For each decision, explain what bias discussed in the background materials likely led to this bad decision. You must use biases specifically discussed in Bolland and Fletcher (2012); Kourdi (2003); or Hammond, Keeney, and Raiffa (2008). For each of the three decisions, include:
A) A brief description of the decision and why you think it was a bad one
B) What kind of bias you think lead to this decision, and why
C) A reference to one of the background readings from this module
Finally, conclude your paper with a discussion about which of the three readings from the background materials would be most useful for your supervisor to read in order to help make better decisions and avoid biases. Explain why you think this reading would be more useful than the other two readings.
Background readings:
Lombardo, J. (2014). Common Biases and Judgment Errors in Decision Making Organizational Behavior. Education Portal https://www.youtube.com/watch?
Now go through the following three readings to get a deeper understanding:
Bolland, E., & Fletcher, F. (2012). Solutions: Business problem solving. (Available from Trident Online Library. Read only the relevant chapters.)
Kourdi, J. (2011). Chapter 10: Avoiding the pitfalls and developing an action plan. Effective Decision Making: 10 Steps to Better Decision Making and Problem Solving. London: Marshall Cavendish International [Asia] Pte Ltd. [eBook Business Collection]
Hammond, J. S., Keeney, R. L., & Raiffa, H. (1998). The hidden traps in decision-making. Harvard Business Review, 76(5), 47-58. [Business Source Complete]
Improving creativity in decision making. (2014). Pearson Learning Solutions, New York, NY.
Assignment Expectations
Follow the assignment instructions closely and follow all steps listed in the instructions.
Stay focused on the precise assignment questions; don't go off on tangents or devote a lot of space to summarizing general background materials.
Make sure to cite readings from the background materials page. Rely primarily on the required background readings as your sources of information
|
Discuss the procedure for design using anthropometric data
: Discuss the procedure for design using anthropometric data. Include Confidence Intervals (CIs). What are some injuries that can be caused by extended static work and how can these injuries be prevented?
|
|
Development and economic growth problems
: According to Pribeanu and Toader (2016), the development and economic growth problems cannot be removed from environmental ones. In this regards, sustainable development is needed.How will you ensure sustainable development when you are the leader..
|
|
The future drivers of conflict
: According to Oliver Ramsbotham, the future global drivers of conflict are: Economic inequality; the environment; Gender Oppression. Why is it important to consider the future global drivers of conflict?
|
|
What is the value of the maximum slope
: At what temperature does the slope of the z versus P curve as P → 0 have its maximum value for a van der Waals gas? What is the value of the maximum slope?
|
|
Background materials likely led to bad decision
: For this assignment, think of three bad decisions that your current or past supervisors made. For each decision, explain what bias discussed in the background materials likely led to this bad decision. You must use biases specifically discussed in..
|
|
Expected to pay the dividends
: Lohn Corporation is expected to pay the following dividends over the next four years: $18, $14, $13, and $8.50. Afterwards, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is ..
|
|
Do you feel that these movies had a consistent message
: HIST 342: Cinema in Hitler's Germany Final Exam. Based on the Nazi propaganda films that we watched in class, do you feel that these movies had a consistent message? What were these movies trying to tell the German people about themselves, their co..
|
|
Preference ordering for monetary lotteries
: Are these preferences consistent with any state-independent utility for money?- If so, show a utility function that applies. If not, show an axiom that this preference ordering violates.
|
|
Calculate the redlich-kwong parameters of fluorine
: Calculate the Redlich-Kwong parameters of fluorine from the values of the critical constants and compare your results with the values for a and b in Table 7.4.
|