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Decision Making Gone Awry
Sometimes social influences and societal pressures can influence decision making for the better and sometimes for the worse. In addition to these pressures, there are risks that need to be evaluated and measured when making decisions. In this assignment, you will reflect on decisions you made using social influence, persuasion, and risk taking that went awry.
Examine a time when you were involved in decision making that went awry as a result of protocols, social norms, or persuasive techniques. If you do not want to use an example from your business or personal experience, you can select a journal article on which you can base your assignment. Here are some key words to help you find an article for this assignment:
Write a 3-5-page paper in Word format that addresses the following:
Support your statements with scholarly references and appropriate examples. Apply APA standards to citation of sources.
Watson Bottle Corporation sold $400,000 in long-term bonds for $351,040. The bonds will mature in ten years and have a stated interest rate of 8% and a yield rate of 10 percent.
Pujols Lumber Yard has a current accounts receivable balance of $447,016. Credit sales for the year just ended were $4,950,605.
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If Mitchem expands its receivables and inventories using its short-term line of credit, how much additional short-term funding can it borrow before the current ratio standard is reached?
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