BADM 532_Activity 8

Corporate conduct (17th edition) phase by step Robbin   What is rationality limited? How is this connected with decision-making? What are the consequences of limited reasoning and its relationship to workplace decision making? Examples: Examples

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Businesses and industry specialists in 2018 criticized the company Blockbuster for not being able to see that DVDs will soon become obsolete as all content moves towards digital streaming. What common bias in decision making is this referring to?    Escalation of commitment    Hindsight bias    Risk aversion    Anchoring bias

Organizational Behavior (17th edition) stephen Robbin What is bounded rationality? How is it related to decision making? What are the implications of bounded rationality and its relation to decision making for the workplace? Examples

Jassim is an owner of an educational institution. He invested heavily in buying an online learning system. The system has shown evidence of difficulties in implementation. However, Jassim can't admit that his project will not work and continues to invest his team's time and budget to the project. Finally, the Chief Executive calls Jassim to her office to ask him to ditch the project and to tell him he suffers a specific type of cognitive decision making- bias. According to the above case, Jassim suffers from cognitive decision making-bias. Specify the bias and explain your answer.

Part 2: Please read the following scenarios. For each scenario, identify the confound and suggest how it might be removed in a follow-up experiment.  The Pepsi-Cola Company conducted the "Pepsi Challenge" by randomly assigning individuals to taste either a Pepsi or a Coke. The researchers labeled the glasses with only an "M" (Pepsi) or a "Q" (Coke) and asked the participants to indicate which they preferred. The research showed that subjects overwhelmingly preferred glass "M" over glass "Q." Why can’t the researchers conclude that Pepsi was preferred to Coke?

Group Reflection Using the guide below prepare a group reflection of the group’s experience in the cesim simulation and the experience of working as a team.   Criteria Details Simulation Program   Ability to understand and use the simulation program.  Where the challenges were and additional instruction needed. Teamwork     The experience of working together, across programs and its impact on the results achieved Group decision making     Environment encouraged differences in opinions, positive group dynamics, consideration of ideas offered, consensus reflected in the decision made. Communication and presentation skills Ideas are interesting and important. Organization is logical and effective. Voice is individual and appropriate to the exercise. Word Choice is specific and memorable. Sentences are fluent, smooth and expressive. Conventions are always correct and communicative including punctuation, spelling and grammar.

Analyze each reaction against the proposed situation in: Counterproductive, Ineffective, Not very effective, Reasonably effective, Effective or Very effective. You are returning from a few days off. Tomorrow you need to make a presentation to the board and your manager has prepared the slides for you. He did this because he knew you would have little time and thought it best for you to focus on preparing the presentation itself. However, the slides are bad, with little impact and far from what you think is ideal. You: - Explain the situation to your manager, comment on what points the presentation might be best for and ask him to get the slides right before the presentation.   Counterproductive Ineffective Not very effective Reasonably effective Effective Very effective   - Focuses on improving the slides so that they are the way you would like them for tomorrow.   Counterproductive Ineffective Not very effective Reasonably effective Effective Very effective   - It fixes only a few…

write a well-developed approximately one-page response for the topic.: Using your knowledge of PDSA, select a potentially identified issue/concern and develop the PDSA steps to take a QI team through the process of resolving the issue.

8 Alex is the CEO/marketing executive of Silk & Co that sells shampoos. Silk & Co is a start-up company that Alex started a few months ago, so it is not a part of the company's target customers' evoked set. Alex learned that the target consumers of Silk & Co mostly spend limited time to search new shampoos. Which marketing strategy should Alex execute? maintenance strategy capture strategy preference strategy acceptance strategy intercept strategy

Explore the role of customer experience design (CXD) in minimizing the occurrence of conflicts. How can CXD principles be integrated into conflict prevention strategies?

I leave the keys in my car when I am home. People routinely ride bicycles without wearing a helmt. What is the most likely explanation for these types of behavior? O The marginal cost of removing my keys from the car and the marginal cost of purchasing and wearing a helmt are lower than the respective marginal benefits O High discount rates cause people to value future costs and benefits too low O The marginal costs of removing my keys from the car or wearing a helmet are high O People mistakenly estimate the probability of low frequency events at zero

During the COVID-19 pandemic, employees sometimes showed up at work when they had symptoms of illness because they were afraid of losing their jobs. This is an example of what behavior?     a)  unscheduled absence   b)  absenteeism   c)  poor work attitude   d)  presenteeism

Define the terms routine response behavior, limited decision making, and extensive decision making?

Define or describe exploration  In 3 sentences explain the significance or relevance of exploration to opportunity recognition

During the COVID-19 pandemic, employees sometimes showed up at work when they had symptoms of illness because they were afraid of losing their jobs. This is an example of what behavior?   Question 4 options:   a)  presenteeism   b)  poor work attitude   c)  absenteeism   d)  unscheduled absence

From these two videos, if the child who is developmentally delayed was in your classroom, what is at least 1 way that you would provide additional support to help this child succeed? https://www.youtube.com/watch?v=-90qSC1vqhg https://www.youtube.com/watch?v=ybDwZ0KrTDk

AdCon, an advertising company that designed pop-up ads for internet browsers, decided to implement a peer recognition program that allowed employees to award each other with points for creative ad ideas, and the points could be converted into gift certificates for local stores. A common problem with variable pay that seems likely to affect this program is: a. reduced cooperation among team members b. the high level of discrimination among peers c. lowered quality of final products d. differential opportunity for rewards e. the ineffectiveness of small increases

M.C.Q      Q. Which of the following makes it difficult for a person to take good decisions   Eustress   Good Stress   Distress   Positive Stress

Scenario: Juanita has recognized she needs to purchase a refrigerator. State an example of how Word-Of-Mouth influence could influence Juanita’s purchase decision.