B 6025 GENERAL QUESTION

B 6025 WEEK 5 ASSIGNMENTAssignment 1: Required Assignment 2—The Case For, or Against, New OrleansSometimes one’s choices may involve catastrophic decisions and bear great risk and yet there can be no clear answer. For example, if a person gets a divorce, shutters a plant, sells a losing investment, or closes their business, will he or she be better off? The following case incorporates nearly all of the material you have covered this far and

30 Other / Other argosy-university / B 6025 01 May 2018

B 6025 WEEK 5 DISCUSSIONDiscussion—Hiring for SuccessAt this point in the course you should be well armed with the tools and knowledge necessary to make better-informed and rational choices. Apply that knowledge as you tackle one of the most important, and yet heavily subjective, of management responsibilities—the hiring process.Assume you have been tasked with redesigning your organization’s hiring processes. Respond to the following:· Sel

7 Other / Other argosy-university / B 6025 30 Apr 2018

B 6025 WEEK 4 ASSIGNMENTAssignment 2: Expected Value and Consumer ChoicesConsumers’ choices are prey to subtle discrepancies that arise in cognitive accounting. Learning how and when you are prey to these discrepancies is an important step in improving your decision making.As the readings for this module demonstrate, people value gains and losses differently under different scenarios. For example, contestants in a game show might choose a g

20 Other / Other argosy-university / B 6025 30 Apr 2018

B 6025 WEEK 4 DISCUSSIONDiscussionThe Power of GroupsGroups may be both a boon (for example, they statistically outperform individuals) and a bane (for example, they take too long) of decision making. While they can systematically outperform individuals, groups are also prey to systematic bias and organizational skewing.Consider the systematic decision-making processes of your own organization. Using the readings for this module, the Argos

7 Other / Other argosy-university / B 6025 14 Apr 2018

B 6025 WEEK 3 DISCUSSIONDiscussionAssignment 1: Discussion—Behavioral HeuristicsBehavioral heuristics, such as availability, anchoring, vividness, storage, conjunction fallacy, and representativeness, all reflect behavioral traits, which if left unchecked may lead to systematic bias in the choices you make. For example, anchoring and availability can lead to disastrous decisions.You may know how to recognize these heuristics, but consider h

7 Other / Other argosy-university / B 6025 13 Apr 2018

B 6025 WEEK 3 ASSIGNMENTAssignment 2 SubmissionAssignment 2: Required Assignment 1—The S’No Risk ProgramIn the mid-eighties, the Toro company launched a promotion in which snow blower purchasers could refund a portion of their purchase if the next winter brought modest snowfalls. The amount of their refund was tied to snowfall amounts and so, the program was prey to certain risks and uncertainties. You will explore those risks and choices f

20 Other / Other argosy-university / B 6025 13 Apr 2018

B 6025 WEEK 2 ASSIGNMENTAssignment 2: Decision Making Gone AwrySometimes social influences and societal pressures can influence decision making for the better and sometimes for the worse. In addition to these pressures, there are risks that need to be evaluated and measured when making decisions. In this assignment, you will reflect on decisions you made using social influence, persuasion, and risk taking that went awry.Examine a time when

15 Other / Other argosy-university / B 6025 13 Apr 2018

B 6025 WEEK 1 ASSIGNMENTM1 Assignment 3 SubmissionMoneyball, a book by Michael Lewis (2003), highlights how creativity, framing, and robust technical analysis all played a part in the development of a new approach to talent management in baseball. It also exhibited great examples of the biases and psychological pitfalls that plague decision makers.Review the article “Who’s on First?” by Thaler & Sunstein (2003) from this module’s assign

10 Other / Other argosy-university / B 6025 13 Apr 2018

B 6025 WEEK 2 DISCUSSION 11 DiscussionAssignment 1: Discussion—Persuasion and InfluenceCialdini (2001) provides many compelling insights into how choices are influenced. Even though marketers are barred from outright deception, you can still find examples of information or promotions designed to lead customers in a direction that may not be in theirrationalbest interest.Some theorists suggest thatrationalityonly plays a part in one’s decisio

5 Other / Other argosy-university / B 6025 06 Apr 2018

B 6025 WEEK 1 DISCUSSION 22 DiscussionAssignment 2: Discussion—Munger’s Mental ModelsIn his article “A Lesson on Elementary, Worldly Wisdom as it Relates to Investment Management & Business,” Charles Munger (1995) wrote about tools, techniques, and critical skills that great managers need to develop.Consider Munger’s thoughts on the importance of mental models. Respond to the following:· In your own words, describe what Munger means by

5 Other / Other argosy-university / B 6025 06 Apr 2018