Thinking and Decision Making essay

For this assignment think of an important business decision you have made in the past in which the results of your decision turned out poorly.

Your manager is concerned and wants to make sure that you learned from this mistake and the likelihood of this happening in the future is minimal. Therefore she would like you to email her a reflective analysis about that decision. Be sure to address the following in your analysis:

1. Describe the decision and its relative importance to you as the decision maker. (1 paragraph)

2. Use three different theories associated with this unit's resources and readings to illustrate your decision making process. (3 paragraphs).

3. Compare and …show more content…

I disciplined the employee with three days off without pay however, the disciplinary action was used more an example to the rest of the workforce as opposed to an attempt to change the employees behavior.

2. Use three different theories associated with this unit's resources and readings to illustrate your decision making process.

First, I made assumptions regarding the honesty of the individual. This judgment was context dependent in that it was made relative to the data available and the behavior of his co-workers. My conclusion that this person was dishonest was derived from assumptions and the contrast effect.

Second, in my attempt to eliminate risk, the certainty effect of the prospect theory was exercised. The information available led to the decision to reduce to probability of recurrence. “A result of the probability of an outcome by a constant factor has more impact when the outcome was initially certain that when it was merely probable”

Explanation:

Decision Making essay

explanation:

women education is very important for the country to fully develop. it is like an effective medicine to cure a patient completely and provide health back.

women education is a big opportunity for india to be developed socially and economically.

educated women are the weapon who yield positive impact on the they are the reason of improved economy in the country as well as society.

an educated woman has capability to handle her home and professional life. indian society through their contribution at home and professional fields.

they can effectively contribute in controlling the population of india as they would like to marry at a later age in comparison to the uneducated woman.

women should be given equal opportunity in education like men and they should not be isolated from any development activities. women covers almost half population of the country means if women are uneducated the half country is uneducated which bring poor socio-economic condition.

through the women education the social and economic development will be faster in india. to spread the importance and improve the level of women education all over the country, countrywide national propaganda and awareness programmes are very necessary.

hope it

showing or suffering from nervousness, fear, or a lack of confidence