Open today’s issue of the wall street journal and look for an article about new moves being made by a corporation, specifically the decisions that are strategic. at what level is each of the decisions that you identified? functional/business/corporate? why do you believe this to be the case? what is your assessment of these decisions? will they be effective? why? how have you decided this?

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer; buyer guide;

answer; buying the bill at a discount from the face value to be received at maturity;

answer; strategic planning;