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Decision-Making Critical Review Vroom, V.H., and Jago Research Paper

… Decision-Making Critical Review

Vroom, V.H., & Jago, A.G. (1974). Decision Making As A Social Process: Normative And

Descriptive Models Of Leader Behavior. Decision Sciences, 5(4), 743-769.

Decision making ability is a vital skill of all people regardless of age; this skill is exclusively crucial in the current modern world, which has put emphasis on independence in the entire lifespan. Jago and Vroom have argued that older adults are likely to make decisions that make great impacts in their future lives. Circumstances in life are regularly changing. Because these adults are likely to make decisions to retire, such a decision is expected to draw associated decisions such as saving and restructuring their every-day lives. Moreover, adults make everyday decisions for them to maintain their household, relationships…. [read more]


Values and Morals Capstone Project

… Moreover, the word "maslahah" means "benefit or interest," and this suggests that the public interest must be protected. Hence, believing in maslahah means doing what is in the best interest of the public. Taken at face value, this should be the rule of thumb when a person is going into the accounting field; if it is not in the best interest of the public, or of the client, or of the company, than it is unethical and should be avoided (Yunanda, 131).

A peer-reviewed article in Accounting Education: an international journal points out that an Ethics Education Toolkit is available courtesy of the International Federation of Accountants (IFAC). The Toolkit is designed to stimulate discussion and debate regarding ethics education, and this is necessary because…. [read more]


Applied Management and Decision Sciences Thesis

… ¶ … management and decision sciences from various theorists; and, analyzes the evolution of managerial decision making from scientific management to the complicated forecasting models used today. The objectives of the Breadth component were four-fold: (a) to examine the theories of applied management and decision sciences as interpreted by the research of Ducker (1974), Harrison (1975), and others as listed in the reference section; (b) to analyze the historic evolution of decision making from scientific management to modern applications of operations research; (c) to examine the decision making process, with a particular emphasis on the importance of values and management judgment; and (d) to describe, assess, and evaluate various decision evaluation tools including matrix analysis, influence diagrams, payoff matrices, sensitivity analysis, decision tree, probabilistic forecasting,…. [read more]


Ethics and Decision Making Values Term Paper

… In short, even if I disagree with the decision personally, I feel that I can justify and account for my decision. This is again linked with my level of moral development, where I make decisions based on wanting to live up to the expectations of others. In this case, it is not about being accepted by others, but more about not being rejected by others. I feel that I am justified by referring to the morality of the actual organization and that this prevents personal rejection. This links particularly to cultural values, since I think it is considered important to show loyalty to the organization that pays you.

It has now been seen that the process of making decisions is impacted by personal values, organizational…. [read more]


Cultural Values and Personal Ethics Term Paper

… Cultural Values and Personal Ethics

There is a close interconnection and relationship between the areas of personal, cultural and organizational values and decision making. Decision making is based on personal values which are influenced and impacted by cultural values, ethical systems and other cardinal aspects. Organizational values, which are often influenced by cultural values in a society, are very important especially with regard to the decision making process in the lives of professionals. Organizational values have played a large part in the development and inculcation of decision making in my particular case, as I have been involved in organizations with a strict and clear organizational ethos. My work as a law enforcement office and as a member of the military has had a profound and…. [read more]


Expected Value Decision Rule Essay

… Judgment in Managerial Decision Making:

In the process of making decisions or choices under risk or uncertainty, managers must usually include the risk into their decision-making process. Notably, the process of making decisions under situations of risk and uncertainty incorporate the use of some basic rules by managers. The situations of risks or uncertainty take place when a manager must make a decision for which the result is not known in a clear or certain manner (Thomas & Maurice, 2008). In this case, the manager can outline all probable outcomes and allocate probabilities to the different outcomes. In situations where a decision maker cannot outline all probable outcomes or allocate probabilities to different outcomes, uncertainty occurs.

One of the most commonly used rules by managers…. [read more]


Decisions by School Superintendents Improper Term Paper

… Members of the faculty are also exhorted to recognize that students are individuals and are entitled to an atmosphere conducive to learning and to even-handed treatment in all respects of the teacher-student relationship.

Improper Attitude and Unprofessional Conduct

It is no use to preach to children if you do not act decently yourself - Theodore Roosevelt in a speech to Holy Name Society, Oyster Bay, August 16, 1903.

Most educational institutions develop a set of rules governing teacher behavior that reflect the district policy. They summarily ban the obvious: harassment and sexual contact with students.

Improper attitude or unprofessional conduct. Conduct that bases a person's employment, enrollment as a student, or participation in scholastic activities on that person's age, color, disability, sex, national or ethnic…. [read more]


Decision Whether to Internationalize Research Paper

… Decision Whether to Internationalize or Not?

Companies competing in the oil and gas extraction industry are faced with some unique challenges and opportunities as the demand for energy increases and the inexorable march to peak oil continues. Emerging economic powerhouses such as China, India, Brazil, and Malaysia will need ever-increasing amounts of energy to fuel their economic development and consumer demand, and it is becoming apparent that companies that can extract oil and gas efficiently and reliably enjoy a competitive advantage. Not surprisingly, the oil and gas industry is highly internationalized, with a global supply chain and customers. One company that has experienced success in this environment has been RBG Limited, a UK corporation created in 1995. This company forms the focus of this study…. [read more]


Decision Making Model Term Paper

… While Mary is a dedicated worker, I recently noticed that her performance was suffering. When the time of appraisal came, I couldn't help noticing that she was usually last one to arrive each day, she was using office equipment for personal use and on top of that her contribution to the project was not as considerable as that of others. I was faced with a tough situation. But since I needed to report everything to my supervisor, I was in a fix. I could either report her behavior and risk losing my friendship or I could ignore it and hurt my credibility as a fair supervisor. I knew it was ethically more correct to follow the latter path but I didn't want to lose a…. [read more]


Decision-Brief the Problem Term Paper

… 8 million cars and light trucks in July and this is an increase of 16% from the previous. This is a high record of growth and considering the fact, that there are nine dealers in Atlanta, there should not be any great difficulties for them to get the additional sales required, and it is clear that increases in sales are not taking place at Tucci Toyota. (Paul, 2005)

The same problem does not exist with other dealers and this is made clear by the statements given by two banks to magazines. Atlanta-based Sun Trust banks is the fourth largest among the lenders for automobile purchase in the country, and during July, the loan volume has increased by 30% and this sort of increase had not…. [read more]


Code of Ethics Core Values Case Study

… A good example of this is volunteering. I began volunteering out of a sense of obligation for school. However, I gradually came to see that volunteering boosted my self-esteem. It made me feel as if I could make a difference, and I loved seeing the smiling faces of the people I helped. I gained practical and social skills through my efforts. By acting ethically, I increased my happiness and the happiness of others.

Application of my code of ethics

Case study

One of the most common ethical dilemmas that occur in the workplace is the issue of harassment. In almost every office, one or two people do not seem to 'fit in,' because of personality conflicts with others, because they do not come from the…. [read more]


Value of Accounting Standards Term Paper

… The balance sheet is the primary financial statement that helps determine an enterprise's financial position, and provides crucial information for potential lenders. Information about financial structure, relative amounts of capital provided by investors and lenders, is useful in predicting future borrowing needs and how future profits and cash flows will be distributed among those interested in the enterprise. "Global consistency is needed for financial, as well as non-financial, information disseminated to investors in our markets. Moreover, there is a growing consensus around the world that financial reporting in any marketplace should be of high quality in order to serve the needs of investors."

Financial structure information also helps predict how successful the enterprise is likely to be in future financing transactions. Information about liquidity and…. [read more]


Patriot Act and the Rule Capstone Project

… Since not all law enforcement officers are clear on how to do this or clear on any changes that may have been made in the rule of law and the regulations stemming from it at all times, mistakes and misunderstandings can and do occur. While most law enforcement personnel do their very best to follow proper procedure, the changing nature of the law can affect them and cause them to overstep boundaries or have other issues at times.

The Effect on Homeland Security

Homeland Security was created as a department of the government (United, 2008). It is designed to make sure that terrorism does not take place on American soil. While there have been some baubles since it was created and implemented, it has generally…. [read more]


Rules Was the Research Conducted by Segal A2 Coursework

… ¶ … rules was the research conducted by Segal and Cover to determine the extent to which Supreme Court justices were influenced by their own political views when casting votes on important issues. The three theories to apply to this study include:

Building theories that are internally consistent,

Selecting dependent variables carefully, and Maximizing concreteness.

Building theories that are internally consistent

One of the ways to ensure that theories are internally consistent is by means of ensuring their validity. This concerns the closeness of the measure to the underlying phenomenon being studied. Some measures could yield a high degree of reliability, but not of validity, as the idea, process, or concept of representation is not accurately reflected. In the study in by Segal and Cover,…. [read more]


Dillon's Rule: Help or Hindrance? Research Paper

… "

This remark lucidly demonstrates the implications of keeping Dillon's Rule: communities would suffer from having an antiquated form of legislation regulating their actions. Society has progressed in leaps and bounds: it is no longer the 1800s. This was a type of legislation that was drafted when people were still relying on the horse and carriage as their main means of transportation. The implications of keeping this form of legislation are dire as they represent a constriction of values and possibilities for communities, not to mention further contention and debate between state and local governments.

The implications of repealing Dillon's Rule are more promising. While supporters of Dillon's rule might feel that such an act would allow corruption to seep in, that's simply an overly…. [read more]


Technology Decision Making Effect Essay

… Technology has seen the old methods of heaped files being overtaken by computerized records. This has also reduced the physical space that was being occupied by these files. The manual work of arranging these files is long gone. Technology through online patient management has seen both patients and doctors keep up with the vast information that sometimes compromises a patient's medical history and current position (Greenes 2009). Management systems encourage the updates of patient's information on an everyday basis while allowing their doctors to monitor these updates. Technology has also allowed remote monitoring of patients. There have been cases of cardiovascular patients being monitored through online receiving systems.

Cases of people reporting to remote clinics for assistance during emergencies and being given medicine that they…. [read more]


New Trucking Hours of Service Rule Research Paper

… ¶ … new trucking hours of service rule will take effect in the United States that will have important implications for over-the-road trucking companies and their professional drivers. To gain some fresh insights into these implications, the purpose of this paper was to use the three value system comprised of law, morality, and social responsibility in the application of different ethical principles in the analysis of the response by Swift Transportation and Werner Enterprise to the new hours of service rule. To this end, the paper presents a review of the relevant peer-reviewed, scholarly, governmental and organizational literature in these areas, followed by a summary of the research, important findings, personal opinions and recommendations in the paper's conclusion.

Table of Contents

A.

Introduction

1.

Purpose…. [read more]


Innovative Values and Practices Managing Essay

… The people who work at Hilo Hospital have deep expertise in their fields -- they have an established culture of knowers (Maddock & Viton, 2009). And the people who work at Hilo Hospital also have a culture of learners -- all staff read widely in their field and participates in continuing education to maintain their certifications and board affiliations. However, this culture of learning is within their field, and not external to it. Through these efforts, staff at Hilo Hospital will further develop their culture of learners as well as their culture of knowers (Maddock & Viton, 2009).

This leading function strategy will focus on exercising Hilo Hospital's leadership capabilities to focus cross-functional communication and motivation on opportunities for developing innovative practice. Further, the leading…. [read more]


Boundaries for Children Rules Research Paper

… A well know study published in the Journal of Family Psychology found that families with healthy boundaries and routines experience greater emotional health, contain children with stronger sense of selves, and enable parents to enjoy happier marriages (Hokemeyer, P., web).

Importance of Boundaries for Children in Educaitonal Environment

Society constitutes an entity of people who join together. Social order occurs by its individual members of the network (i.e. people as a whole) individually working together in a concerted or agreed upon manner of conduct so that the entire culminates in an orderly fashion. Hiatus or disruption of that concerted agreement results in disorderly behavior. In fact, social change occurs by a break in this cooperative manner of behavior and with one or more individuals resistant…. [read more]


Leadership Style and Decision-Making Discussion Chapter

… Leadership Style and Decision-Making Style

Leadership and Decision Making Style

Leadership matters whether a person works in police department, or academia or in an optometry clinic like me. As a clinic Manager working at a tri service optometry clinic, I need to interact with different people and client. Ensuring eye health and offering treatments is the job we do in the clinic. I have boss as well as subordinates. My staff has technical as well as non-technical employees. In such a diverse environment, it requires a very dynamic leadership style and personality to be effective. There are many expectations from my job and the evaluation is tough. Hence, I often evaluate my leadership and decision making style to find out if I am heading in…. [read more]


Bancolombia: Talent, Culture, and Value Case Study

… It was a monopolistic market structure of mortgage market in which Conavia operated successfully. With 257 offices and 3977 employees, the company held 19.3% market share of mortgage with provision of 55% of funds in mortgage credit market and 35% in commercial loans. The company was 'people oriented' with due importance given to customers as well as the staff.

Confinsura

With its establishment in 1993, Confinsura was only dealing in financial services provision to large and corporate clients. Credit line, financial services, treasury management, and investment as well as stock market operations were main service concerns of the company. With little share in the assets market prior to the integration, the joint company achieved 47% of the assets market share in Colombia.

2.2 Change leader…. [read more]


Applying Cooper's Ethical Decision-Making Model Term Paper

… Benefits and Shortcomings of Cooper's Ethical Decision-Making Model

Cooper's model of ethical decision-making provides an important tool for resolving many ethical situations. It is an approach that is very helpful to anybody who does not already know how to analyze ethical dilemmas. In that regard, it acknowledges the fact that there is an element of impulsive reaction and that this reaction may or may not necessarily be consistent with objective ethical concepts. The phase requiring the analyst to describe the situation and define the potential ethical issues is crucially important and may help many get past initial "gut" responses that are biased or otherwise inappropriate or incorrect. Identifying alternatives is also extremely useful because it forces the analyst to recognize that there is a finite…. [read more]


Organizational Ethics Values, Ethics and Norms Term Paper

… Organizational Ethics

Values, ethics and norms are part of every society regardless of what culture, religion or geographical boundary it belongs to. These values define how society's draw their lines between what are right and what is wrong. These values and ethics may be written, verbal or implied. It is a general misconception that value and ethics mean the same. As a matter of fact, value and ethics are both two entirely different terms. However, they both are closely interwoven and interdependent on each other. As mentioned earlier values are norms that define something desirable or undesirable. On the other hand, ethics refer to adhering to actions that are in compliance to desirable social values. Values may be individual, social as well as organizational. In…. [read more]


Defend the Ethics of Your Values Essay

… Defend the Ethics of Your Values by Using One or More of the Four Kinds of Ethical Theories

Personal values development

Although it may sound strange, given that religious values have not formed the core of my moral development, the ethical theory with which I most identify is that of Kantian deontological or duty-based ethical theory. I believe that certain moral values are absolute, and cannot be distilled with situational variables. These moral values include tolerance, respect for other human beings, and the need to make meaning out of one's existence beyond merely serving one's material desires and needs. While some aspects of various ethical systems may vary between cultures, for a human being or a society to be ethically functional, there must be some…. [read more]


Work Values and Generational Differences Research Proposal

… Work Values and Generational Differences

A generation is defined as a body of individuals who were born and alive at approximately the same time. These individuals share similar life experiences, cultural trends and events ("Generation," 2009; Smola & Sutton, 2002). Although generations has been a topic of discourse for eighty years (Hatchmann, 2008), there is still a disagreement on the exact dates for each commonly defined generation (Sutton & Narz, 2007; Chen & Choi, 2008). Despite this continued debate, there is agreement in the qualities each generation possesses. For the first time, the workforce contains four generation. Eisner (2005), Gursoy, Maier, & Chi (2008), Armour (2007), and Hatchmann all differ on exactly the time frames of each generation, but most are close to the following…. [read more]


Personal Values Intersecting Essay

… Personal Values Intersecting With the Values of Kudler Fine Foods

Personal Values

It is difficult to present one's values without sounding like one's making a case for themselves and being proud of the values in which he/she believes. Regardless of this state however, I find it necessary to communicate that my personal value revolves around an ethical, moral and caring behavior. I have always strived to attain my goals, but these have often changed and adapted to the needs of those around me. I have sometimes lost due to the inclusion of others' desires in my actions, but at the end of the day I got to feel good about myself and I was able to get a good sleep. This is probably all ethics…. [read more]


Shareholder and Stakeholder Values Term Paper

… Shareholder and Stakeholder Values

It makes sense for our modern world to have a foundation of a market-based economy because there are inherent conditions in the competitive market system that efficiently helps to meet the needs of consumers. These are not modern inventions or recent revelations. Adam Smith held concepts based on an invisible hand which was suggested as early as 1776 in the classic work An Enquiry into the Nature and Causes of the Wealth of Nations. These insights still hold true.

There is no apparent conflict between the business community attempting to maximize shareholder value and maximizing stakeholder or social values. In a sense, we could say that maximizing one inadvertently helps us attain the other. Corporations and businesses can do well in…. [read more]


Generational Conflict and Adult Decision-Making in John Term Paper

… ¶ … Generational Conflict and Adult Decision-Making in John Updike's short story "A&P"

The short story "A&P," by John Updike (410), first published in 1962, focuses on a moral/social dilemma suddenly, unexpectedly experienced one summer afternoon by a teenage boy, Sammy, who works as a check-out clerk at the neighborhood grocery store, the a &

Sammy's boss, Mr. Lendel, is a strait-laced, unimaginative pillar of Sammy's small east coast community. He teaches Sunday school each week and has for years; and Sammy's parents have been friends of his for years, too. At the end of the story, Sammy, in order to be true to himself, makes a decision about either staying at his job or quitting it that changes all of that. The choice he…. [read more]


Financial Decision-Making Regarding Project Research Paper

… Financial Decision

The company is considering a project with an up-front cost of $10 million. This investment will significantly increase the size of the company, and therefore must be given serious consideration for its financial effects. This paper will analyze this decision in the context of the financing and make recommendations to management about the project.

Financing

The company currently has assets of $17.2 million. This investment of $10 million therefore represents a 58% increase in the size of the company, to $27.2 million. Such a dramatic investment will significantly alter the company's capital structure, so the decisions with regards to the investment and its financing must be given careful consideration.

The first question is whether or not the company should take on the project.…. [read more]


Finance Such as Present Value and Capital Term Paper

… ¶ … finance such as present value and capital asset pricing model to name a couple. This paper will explore three business models in order to better understand present value and discount rates. This paper will look at the security of equity future and more specifically Wal-Mart's performance. This paper will also examine the relationship between CAPM vs. APT and discuss the method used when determining a rate of return and capital budgeting purposes.

You inherit an oil well. This oil well is believed to have three years worth of oil left before it dries up. Here is how much income this oil well is projected to bring you each year for the next three years: Year 1: $160,000; Year 2: $210,000; Year 3: $320,000.…. [read more]

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