Reflection On Decision Making

The purpose of this reflective journal is to critically reflect on the business planning decision-making process that eventuated in the lead up to market day. This reflection will evaluate how collaboratively Waffle Madness worked as a team outlining how we managed criticism, conflict and confrontation within the group. I will analyse our weaknesses and how we surpassed/resolved these and additionally explain the role I took in the carrying out and planning/preparation of team activities. I believe

In this reflection journal, we were asked to take a decision-making quiz on biases that we may have. I was surprised with a few that I possess. The rush to solve and the anchoring and adjustment heuristic are the two that I tested positive for on the quiz. While I read the reasoning for the decision-making quiz, I recalled my logic and critical reasoning class that I had before that discussed bias in argument. However, it was surprising to see that I committed these biases on the quiz, even if I

covered in this course, the decision-making process was the most important for me. During this lecture, I found myself agreeing with a lot of the material covered and also learned some new things about myself. The decision-making process enables us to evaluate a situation, process the information given, and determine a course of action to take. Whether if it’s in the workplace, school, or in our personal life, we will face all kinds of choices each day. Every decision we make will have an effect

REFLECTION ON MY DECISION-MAKING INTRODUCTION: Undoubtedly each one of us makes decisions on a daily basis in many situations. Out of which, some decisions are made immediately without a proper process and some decisions follow a process that involves identifying and evaluating options. In my opinion, quick decisions can be made on situations that do not have any effect on remain life. Whereas, the decisions that are linked either directly or indirectly to the later part of life must follow a step-by-step

The Accounting for Management Decision Making class has provided several concepts that have improved my ability to make decisions for my organization, a large hospital. I now have an understanding of methods to determine if a capital project is possible such as discounted cash flow, net present value, accounting rate of return, payback and internal rate of return. This course also helped me increase my knowledge of strategic planning, forecasting and budgeting. Additionally, I learned to calculate

of the phrase “use your critical thinking skills” but probably never truly understood what that meant and what it entails. There are seven steps that are used in critical thinking: Identification, research, analysis, application, decision making, evaluation, and reflection. The first step in the critical thinking process is identification which means exactly what the first steps is: identifying the problem or issue. The second step is research which is researching what the problem is, how it could

From the results of the assessments regarding my personality, values, attitudes, motivation, decision making capabilities and other factors that reveal how effective I am in a working organization, I found that it affirms my Jungian “Executive” personality. In the first set of assessments I was asked a series of multiple choice questions on how I would handle a given situation. The Big Five test model had high scores for agreeableness, conscientiousness, and emotional stability, and it had moderate

MKTG6020 Reflection on Simulation (Individual 30%) The important part of the simulation assignment is what you have learned from it. As such you will be required to reflect on the decisions you made and the outcomes. Some questions to help you structure and undertake this task are listed below, this is not an exhaustive list as they may be something in your experience that you feel is more important. You must provide rational for your decisions with reference to theory and explain what you

After reviewing several ethical decision-making models, reviewing the code of ethics and its foundations, and examining personal beliefs and values surrounding ethics, I have come up with an ethical decision-making model. This model incorporates aspects of pre-existing models, including the social-constructivist model, practitioner’s guide, feminist model, and Herlihy and Corey’s (2015) “elements of ethical decision making” (p. 20). This model is broken down into seven steps, which are meant to be

demanding but fulfilling jobs in the world. Teaching may be a job that requires a university degree and some on the job training; however effective teaching is a continual process of reflections, questions and decisions. This essay will examine in depth the cyclic process of effective teachers’ reflections, questions and decisions. Effective teachers will reflect on both their own knowledge and critically evaluate their work;