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1- Identify one other example of a decision (past or present) that was once considered "rational" but that is now reviewed as "irrational". Do not analyze a personal decision but one from a published or academic source.
2- Explain, in detail, why the decision was once considered "rational" but would now be considered "irrational".
3- Identify the decision theory from our learning in Unit 2 you believe was used in the original decision making within your example. You may select from expected utility theory, prospect theory, regret theory, pseudocertainty, satisficing, or noncompensatory strategies (all theories learned in Unit 2). Be sure to fully support "why" the theory you selected was present. Simply naming a theory won't be enough...you need to support your answer.
4- Identify at least three (3) recommendations (from your group to the CEO) that will help him improve or overcome the current decision making conditions within the organization.
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In 2004, the board of regents responsible for all public higher education funding in a large Midwestern state hired a consultant to develop a series of enrolment forecasting models
Legal Underpinnings of Business Law. The businesses are being sued for breach of contract. Create a matrix that lists every business and compare and contrast your personal liability exposure as an owner as a result of the lawsuit.
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Your challenge as a transformational leader: You have two identical work groups, including management . This includes a manager who is the same level as you.
Examine the negative impact of jobs being designed so that fewer employees are required to produce more. Suggest two actions that HR professionals can take to ensure that employees are not being overworked and are more efficient during working hou..
Locate an article regarding ethics considerations in financial management. Write down an article analysis in which you address the following items:
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Evaluate the relationship between values, leadership, and ethical decision making.
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