The original Seven Essays, in a cool, new outfit ...
Email - [email protected]

All posts in General Questions

Is anyone familiar with Managerial Reasoning/Decision Making. I’m trying to formulate a 3-4 page paper and would greatly appreciate any assistance.

The book that this task focuses on is ‘The Psychology of Decision Making: People in Organizations by Lee Roy Beach and Terry Connolly.

The instructions for the assignment are below. I can formulate the answers regarding personal experience as discussed in section C but would like more details and assistance for the remaining parts. Thank you kindly.

As you read in Beach, the purely rational decision-making model fails to include the influence of emotions on each of the stages recommended described in the process. Emotions help draw attention to decisions that need to be made, they help us assign values to goals and/or behavioral intentions, and they motivate us to focus energy on problem. Unfortunately, they can also lead us to impetuous, reactionary actions when we are overwhelmed with stress and anxiety. Recall that the fifth personality trait is Neuroticism. High levels of Neuroticism, when combined with unbalanced competing traits, can lead to various errors of judgment.

a) Assume that you work with four managers. Each has a different dominant personality trait as listed below. How would these differences affect the way each manager frames decision making situations? How would these differences affect the way they make choices in the face of uncertainty? What types of decision-making errors would each manager tend to make under highly stressful conditions?

1. Conscientiousness

2. Assertiveness/Extroversion

3. Openness to New Ideas and Experiences

4. Agreeableness

b) This next question gets a little more complicated–consider it carefully. What types of situations are more likely to cause stress each of these managers? Do the same things cause stress for each one?

c) What has been your personal experience with these various personalities, as you have found them displayed in managers, friends, and family? Have these differences affected you decision making style?

I need assistance answering the following question in detail:

Topic: Can Poor Decisions be Blamed on Attitudes, Assumptions, and Beliefs?

Consider the current and recent accounting scandals. Every person who actively and passively contributed to this disaster held certain attitudes and beliefs about the world, other people, and themselves. Of these three categories, do you think that one played a larger role than the other two in setting the stage for these practices? Do you think those attitudes were in-born, were they learned, or both? Which had more to do with their precursory attitudes–morality or legality?

Please help so that I can complete the assignment below. I need help getting started. Any help will be much appreciated.

For this assignment you will be preparing a presentation analyzing a single example of poor decision making. The presentation is intended to be delivered to other managers who make decisions similar to the one(s) that you are analyzing. Your goal is to help these managers “learn” from the example so they can avoid making the same mistakes.

To begin you will need to use the use the AIU Library, the Internet, and course resources to locate a single example (from business, news reports, government, economics, history, and so forth) where decisions made produced negative consequences.

Examples of the types of decisions you may choose from include: (you may use one of these or select one on your own)

* Decision to allow the Challenger shuttle to fly in cold weather
* Decision by Martha Stewart to lie to federal prosecutors
* Decision by Coca-Cola to introduce “New Coke”
* Decision by Paris Hilton to drive while intoxicated and with a suspended license
* Decision by Enron executives to commit fraud
* Decision by President Kennedy not to support the Cuban invasion at the Bay of Pigs

These are only a few examples. There are literally thousands of decisions you can choose from if you do a bit of research.

Remember that in presentations slides focus only on main posts with the specific information and details about each point identified within speaker’s notes (speaker’s notes contain all the information needed by the speaker to address each main point on each slide in detail. Your presentation does not need graphics (although they are acceptable in moderation) or special effects. (If you are unfamiliar with how to use PowerPoint please visit the PowerPoint Guide in the Student Success Learning Lab).

Your presentation should address each of the following:

* A brief description of the example selected. Outline the situation (what happened, when, where), identify what decisions were made and why, and explain the negative consequences that resulted. The more detailed you are here the easier it will be for you to provide analysis for parts 2, 3, & 4 of the project.
* From our learning all semester (Units 1, 2, 3, & 4) identify what decision concepts (theories, principles, heuristics, traps, etc.) were present in the situation. For each concept identified be sure to provide information to support how and why you believe each was present.
* Provide an overview focusing on what other managers, who make similar types of decisions, can learn from your analysis so they can become better decision makers.

PART 2

To complete this project assignment you will need to have read the assigned chapters in the text for Unit 4 and you will need to complete some independent research (in the AIU Library or on the internet) on behavioral traps.

From our learning this unit we discovered that there are 5 different types of behavioral traps; the (1) time delay trap, (2) investment trap, (3) deterioration trap, (4) ignorance trap, (5) collective trap. Behavioral traps are almost always identified in hindsight but an awareness of them can help us, as decision makers, avoid becoming “trapped”.

Post an answer to the following questions:

1. Based on your reading and research during Unit 4, in your opinion, which one of the 5 behavioral traps do you believe is the easiest to fall into and which one is the easiest to avoid?
2. Identify an example of how an individual may fall into one of the traps you identified. Make sure you don’t use an example from the chat sessions or one previously posted by a fellow student.