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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.
Ozone depletion, global warming and declining biodiversity
Discuss one such instance that you can recall or with which you might have familiarity (again, this may be a well-known event or it may be one which you've personally experienced).
Discuss the difference between the 3 different types of warranties and then draft three different examples of an advertisement that uses an express warranty, a disclaimer, and puffing language.
Analyze how the leader shapes the organization's strategy and design.
This can be as simple as how you communicate today (cell phone, email, text, twitter, etc.) versus how you communicated ten years ago (telephone, pager, fax, etc.).
What decision would be handled most effectively by a group or team decision making? Which would be handled more effectively by individual decision making?
Identify the costs involved in the globalization process. What are the major issues? What companies seem to promote corporate responsibility in all aspects of their businesses?
How does risk-taking align with innovation?
BM Connect has as well enhanced its sales and marketing efforts to retain its position as the market leader. Which of the following statements, if true, would designate that ABM Connect adopts the transaction-oriented approach
Jackson Motors, Inc. normally sells its electric motors to all buyers for $100. However, a competitor offered to sell similar motors to one of Jackson Motors' biggest customers for only $80 and Jackson Motors
What are some of the techniques this leader uses to earn and maintain this type of loyalty from his or her employees?
Jose runs a gallery which specializes in neon art with an emphasis on vacation icons like flamingos, dolphins, and palm trees.
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