Free Essays on Decision Making to Get Inspired & Learn by Example

Discuss the role of emotional intelligence in decision making

Emotional Intelligence or in other words Intelligence with emotions have a deeper meaning than only being words. Emotion states the internal feeling for someone while intelligence states the ability to solve the problems. Here in this essay the role of emotional intelligence in decision taking is being discussed to know the importance of emotional intelligence in the life of a manager who takes decision of the operations of an organization. It is the ability to solve the problems with right feeling with the best skill and capability of the management (Caldarola, 2013). It involves communication of the feelings with Continue reading...

Exam Questions

Question 1: Organisational politics in organisations .Definition of what organisation politics are. Does it exists or not? If yes or no, why?

Answer:

When working in the corporate environment, the need to prove oneself better than the others, in order to gain certain favours, arises. This behaviour can be both constructive and destructive, depending upon the people involved. Everyone in the corporate world works to gain some objectives; these objectives can be monetary or abstract such as social position or status. If people in an organisation restore to self-serving style in order to gain their objectives, whether collectively or individually, Continue reading...

DECISION-Making

Decision-making is an important process. It can be a task, which needs a simple decision to be made or a difficult situation involving several issues. In difficult situations, there may be uncertainty and complexities, wherein there may be interrelated factors that could lead to high-risk consequences, the impact of the decision made could be very important. Every situation will have its own set of uncertainties and consequences. Interpersonal issues too come in the way of making an effective decision, as it is difficult to predict how people will react to different situations.
If there is an effective process, even Continue reading...

Introduction

In “Understanding the Role of Power in Decision Making”, Pfeffer (1981) claimed that motivations pertaining to power influence people’s decisions, especially in the workplace or the organizational setting. Pfeffer set out to discuss different dimensions and elements of power to establish and support the author’s theory that the pursuit of, legitimacy, and existence of power affects people’s decisions. Although Pfeffer’s arguments apply in different aspect of our life – from personal to professional relationships – the author focused on power and decision-making within the context of the organization. Pfeffer also discussed power and decision making within the Continue reading...

Abstract

Ethical dilemma characterizes almost every single profession today. Professional across different fields are constantly faced with various ethical issues that require them to make a decision and stand by it. This often proves to be very tricky as there is no clear definition of what exactly is ethical. The health care profession is particularly one whereby ethical dilemmas spring up occasionally, and professionals in this field are forced to make decisions that are ethical. If a health professional, for example a nurse, is not familiar with ethical decision-making processes and models, they can be overwhelmed by the ethical dilemma Continue reading...

Introduction

A lot of people have been talking about emotional intelligence and its significance in achieving personal success. As observed by Meek and Schumacher, intellectual intelligence (IQ) contributes only 20% to an individual’s success while emotional intelligence, luck and social class compensates for the rest. Other scholars suggests that emotional intelligence (EI) is twice more important than IQ in almost any job or activity. Decision making, on the other hand, is one of the major functions of leaders and policy makers. Even in an individual and personal level, people often find themselves in a situation where they would have Continue reading...

Introduction

Managerial economics involves the integration of the basic economic theory and management practices. This field seeks to combine the logical intrigues of economic theories with the problems and policies that the practical manager encounters in business. Therefore, managerial economics is a significant tool that offers techniques for managerial decision-making and policy formation. In business decision making, the combination of economic theory and managerial skills provides an ideal strategy for solutions when confronted with business constraints. Knowledge of managerial economics enhances the analytical skills employed in analyzing the logical structures of business problems thus providing a channel towards the appropriate Continue reading...

CHAPTER 2: REVIEW OF LITERATURE

2.1 CUSTOMER BEHAVIOR
Throughout the history of selling goods, there have always been specialists, today known as marketing experts, who have been trying to understand the behavior of consumers. It has always been interesting to them, as by analyzing behavior of people buying their products they could understand the demand and reach better results and profit. In the past, they were closely studying the factors and aspects of the consumer behavior at the stage of selling goods to them. Still not a long time ago this analysis was consistent and enough for the analytic purposes. However, today markets change, Continue reading...

Introduction of agency

The Central Intelligence Agency (CIA) is the foremost organization that counters terrorism, gathers intelligence with global impact and functions independent of the civilian Government that funds it. The CIA masterminds some of history’s most impactful operations; taking down ruthless dictators, fascist governments and international terrorists. All the goals of the CIA revolve around the common objective to keep the US’s interests secure.

Reason for Selection

The CIA is a genuine public organization that employs over 20,000 Americans and several hundred covert operatives overseas. It also receives its share of criticism in handling assassinations, involuntary experiments, torture-laced interrogations and nurture Continue reading...

Introduction

Supply chain management is an essential tool applied in various operations in an organization. It entails managing raw materials, resources, and information from the supplier to the organization and finally to the end user. This is made possible by the presence of an efficient coordination of various channels that determines how the products and services flow from one party to another, depending on its value and usability. In order to be successful, supply chain management relies on various principles and concepts that enable various stakeholders to make a critical decision on whether to attain the desired product and service Continue reading...

Management Decision Making

Management Decision Making

Introduction

Decision-making is a fact of life. The process can get complex in the business world when it has to be undertaken in uncertainty. This paper seeks to discuss three approaches, namely, the game theory, the qualitative comparative analysis and the fuss logic concepts that businesses can utilize in decision-making in this kind of condition. In addition, it will utilize the approaches to developing a model that can be utilized by BMG204 Logistics Solutions (BLS) limited to improve efficiency, reduce operating costs and increase its revenues in its transport business.

In business, politics and other different spheres Continue reading...

Effective Situational Awareness

Situational awareness is defined by people's perceptions concerning certain elements of the environment. Being aware of the external environment makes it possible to understand the how people's actions, events and information are capable of impacting on the predetermined goals and objectives. The most important aspect of situational awareness is the consistent flow of information. Having the appropriate information is important for decision making because it helps in correctly determining or instituting a cause of action as appropriate. Dynamic and complex systems require that accurate information is passed from one end to another in order to avoid fatalities or breakdown Continue reading...

Abstract

The characteristics of terrorism are difficult to effectively qualify. The Department of Homeland Security has the requisite of formulating policies that have the capacity of providing protection to the general public and communities. In the production of policies that are at the level of the general public, the practiced evacuation plans would be implemented in order to avoid a substantial amount of panic should a terrorist event take place in a government or commercial building. An essential factor is risk. Risk has a substantial participation in the policy making roles of enhancing security subsequent to the September 11th, 2001 Continue reading...

Introduction

The US army lays emphasis on loyalty, honor, character, personal courage and integrity, all being integral especially in business and organizational leadership. This ensures that the product output is excellent and adequately disciplined. The army leadership framework is divided into three categories of skills, actions, attributes and values, as laid out in the army leadership framework. It identifies the various assets and qualities that are essential in being a successful army leader. The army, expects the leaders to “know, be and do” (US army guide, 19). In this instance it identifies 3 levels of army leadership including organizational, strategic Continue reading...

Introduction

The success of teamwork endeavors depends on a variety of factors. An understanding of the team dynamics and processes helps in ensuring productive activities and interactions among the members. Our team has been productive in several aspects; however, there were issues that needed addressing. The paper explores the issues through a focus on ethics, problem-solving and decision-making.

Ethics

Group ethical standards are guidelines controlling actions and behaviors in a group; this occurs in reference to set moral expectations. During teamwork, the members are expected to adhere to the ethical standards. They behavior should depend on moral judgment, motivation, sensitivity, and Continue reading...

Everyone is an individual, with a unique personality, set of behavioral characteristics, and outlook on life. Some may hold the opinion that these factors of a person’s individuality may be innate variations set at birth. However, a more prevalent viewpoint is that these factors, particularly once one has reached adulthood, are, at least to some extent, shaped by one’s life experiences, particularly during formative years. My experience confirms the latter; I strongly feel that certain life experiences while growing up have shaped who I am today, some more influential than others. In particular, I credit my parents Continue reading...

Introduction

General Motors first opened its doors in 1908 and it was the only car manufacture in the area. General motors expanded and by 1920s it was the biggest manufacture of vehicles, this happened under the management of Alfred Salon (Hashim, 2014). Alfred Salon consistently pushed for different styles and models of car every year. At the time, the company already had four different types of car models to their name. Furthermore, General Motors was the sole manufacturer of cars; it had no other competition, thereof. However, this success was not to last long, because when Toyota Company started to Continue reading...

For example: If the manager has to decide that the department needs new laptops.

The criteria that determine whether a decision maker is:
So first of all he would identify the problem- Whether the manager is able to identify what is the problem occurring which has to be solved. Regarding which decision has to be made. In this case, if the manager is successful in identifying that the department needs laptops.
Identify decision criteria- That what decisions he could take, and to take that decision what options does he need to have. In this case, for example, the laptop should be of HP, Red in Color, with a 12 GB RAM, 15 Inches Continue reading...

1.0 Introduction
The efficient market hypothesis had been a broadly accepted model by all the financial economists and financiers decades ago. They believed that the markets for securities are efficient in reflecting stocks’ prices information. A common view was that, coming up of news would be known fast to be incorporated in securities prices. In that view, technical or fundamental evaluation could not help investors in choosing undervalued stocks, that could be useful for investors to make returns greater than those gained by stocks portfolios randomly selected; at least without comparable standard deviation. However, by start of 21st-century, the Continue reading...

Pressure begins early to select the “right” major. Advice is offered from a wide variety of sources. The goal in selecting a major is to succeed. Parents want their children to select careers which will provide financial security. Every parent would love to have a doctor in the family. Unfortunately, medical school is not ideal for every student. While many people are always aware of what they want to do for the rest of their lives, many others are just not sure. Selecting a major presents a real challenge. Selecting a major is an important decision. It has the Continue reading...

Question 1: Learning as One’s Fingerprint

Education is an important aspect in a contemporary society as it determines the pace at which politics, economy and social aspect of such a certain society are being handled. It has been referred by many as the key to success and associated with many achievements. The achievements have been backed up by a couple of evidences dated back from as early as the 13th century during the reign of Aristotle and other philosophers. Education can only be imparted from one generation to another or from one individual to another through teaching. Thus teaching is the primary way through which Continue reading...

With regard to business, the term “outsourcing” involves contracting out a business process or a set of such processes to another party. Globalization trend in general and ever closer economic links in particular determine the fact that outsourcing becomes an integral part of business worldwide. One of the consequences of such development is of special importance for outsourcing-related decision-making. Due to wide-spread nature of outsourcing, companies tend to concentrate more on the benefit side of decision at hand, rather than accompanying costs. When evaluating outsourcing decision, I will try to dedicate equal attention to both benefits that it can Continue reading...

The Process from Consumer Need to Purchase Behavior

Purchases made by a consumer are a part of a complex process of making decisions. The process stems from the consumer’s creations for any decision he or she makes to buy a commodity. There are events that characterize the process prior to and after the actual purchase. The following stages explain the steps involved in the process from the consumer need to purchase behavior:
1. Recognition of the Need or Problem
The identification of the need is the initial process in the process of purchasing. If the consumer does not have a need, then the purchase will be Continue reading...

Section 1:

Please answer the question below [20 points, Max 1 Page=350 words].
Explain the phrase “correlation does not equal causation”. Why is the distinction so important? What conditions must be met to establish causation? Can they ever be completely satisfied? Assume you are interested in conducting a study that allows you to legitimately make some causal inferences concerning relationships among a set of constructs. What sorts of things can you, as the researcher, do to bolster your ability to make such causal inferences? In answering this question, be sure to pay attention to issues pertaining to both study design and Continue reading...

Introduction

“Cowardice asks the question ‘Is it safe?’ Expediency asks the question ‘Is it politic?’ Vanity asks the question ‘Is it popular?’ But, conscience asks the question, ‘Is it right?’ And there comes a time when one must take a position that is neither safe, nor politic, nor popular, but one must take it because one’s conscience tells one that it is right.” – Dr. Martin Luther King Jr.
Ethics define the difference between right and wrong whereas leadership consists of acts that influence sub-ordinates. So, ethical leadership is a series of actions taken place to influence sub-ordinates in the Continue reading...

In Partial Fulfilment of the Requirements in

Introduction
Apple Inc. is a consumer electronics company that offers different devices or gadgets for its end users. Based in Cupertino, California, Apple has a wide range of products for personal computing, as well as mobile and smartphone technologies, and online services. Apple is known for its Mac product line, a competitor to businesses in personal computing such as Microsoft. Apple also offers other products including the iPhone smartphone, the iPad tablet computer, and the iPod media player. For consumers using Apple products, the company also offers online services including digital content. Through the Apple iTunes store, for instance, Continue reading...

Industrial relations paper

Industrial relations and employee voice and participation
Question 1
Industrial relations is an interdisciplinary field of applied study that deals with the processes and outcomes concerned with employment relationships. In the United states of America, industrial relations is used to refer to the employment relationships involving collective representation of employees through labour unions and employee associations which takes into account all the aspects of people at work. Industrial relations encompass the relationship between management and workers union representatives and officials involving collective agreements, collective bargaining and dispute resolution. (Armstrong 2012). The popularization of the term industrial relations was attributed Continue reading...

Executive summary

Over the years, the business environment experienced various major financial scandals as a result of poor corporate governance. Consequently, this has raised concerns about the importance of IT governance to counter the bottleneck facing the business world. The IT management is important because of several reasons. (1) IT governance has a significant role to play in enhancing corporate governance in a business environment. (2) The business world is lacking accountability and is unable to reflect the responsibilities for the IT services. (3) There is a potential widening gap between what business think about the IT and how the IT Continue reading...

Introduction 3

Leadership at Green Thumb Nursery 3
Leadership and management skills 4
Conflict management 4
Decision making process in conflict management 5
Performance management 6
Human resource management 8
Conclusion 10

References 11

Introduction
An organizational success depends heavily on effective leadership and management of human resources. The actual use of policies and strategies towards management of an organization result into profitable outcomes. Thus, from the evaluation of Green Thumb Nursery, it is obvious that the company has been dealing with different issues of management that require transformation. The use of successful leadership, conflict management, performance evaluation and human resource management are Continue reading...

Business Ethical Dilemma

Introduction
In this paper a discussion has been done to tackle a situation regarding to an ethical dilemma in a corporate place and indentifying the effective processes to handle the situation by using prominent ethical frameworks. In this case it is important to mention that ethical dilemmas are sometimes created by circumstantial factor and in order to make proper decision it is essential not to be got carried away regarding to any event that can influence the decision making. The essay paper is purely a discussion of a situation of ethical dilemma in a corporate office and understanding the Continue reading...

Increasing Age Diversity in the Workplace

Age diversity has become a significant element in today’s workplaces. The performance of people in different age significantly varies in a working environment. In today’s workplaces, there are various incidences of discrimination due to age differences.
In most cases, as the population in a work environment ages, employees work performances reduces due to their incapability to adapt to the new changes in the work environment. Due to technological advancement, it is necessary for organizations to keep updating their systems of operation to meet the market demands. In such a scenario, older employees find it challenging to adapt Continue reading...

Management

Executive summary
Over the years, the business environment had experienced various major financial scandal as a result of poor corporate governance. Consequently, this has raised concern over the importance of IT governance to counter the bottleneck facing the business world. The IT governance is importance because of the several reasons. (1) IT governance has a significant role to play in enhancing corporate governance in a business environment. (2) The business world is lacking accountability and is unable to reflect the responsibilities for the IT services. (4) There is a potential widening gap between what business think about the IT Continue reading...

Introduction

Leadership assessment tools today attributes of development that helps to nurture one in growing as a leader. Some of these tools include demonstrating personal qualities, managing services, working with others, improving services and setting directions. Decision-making is a product of leadership, and the buck lies with the leaders of the kind of decisions made. Leaders while making decision must always ensure they consider the emotional intelligence where thinking and behavior help to monitor the emotions of others (Salovey and David, 2004).

Managing time effectively
Every organization works on demands of order. Order in this sense provides means through which Continue reading...

Introduction Business ethics is a disposition of cultural values that is often concerned with moral principles that administrate human behavior in an organization. Organizational cultural value analysis provides means of determining the legitimacy of the suitability of their primary effective standards of truth and justice in communication practices. The current global village of business requires robust articulation of communication-based on ethical principles to survive. Microsoft is the world number one company that has previously provided grounds of case studies on ethical communication of organizations. Microsoft Corporation is the world chosen software company that controls an overwhelming share of operating Continue reading...

Introduction Data envelopment analysis is a management tool that is increasingly gaining popularity. Data envelopment analysis is used in the evaluation of the efficiency of one or more producers. The definition of a producer is integral to understanding data envelopment analysis. In this respect, producers are the decision making units in a system. Data envelopment analysis is different from a typical statistical approach to analyzing producers (Cooper, 2010). The typical statistical approach entails a central tendency approach where one producer is evaluated against another average producer.
The data envelopment analysis is different from the typical statistical approach in that Continue reading...

Leadership has various styles and is adorned with plethora of attributes that may govern the type of leader. The two case studies provided have exactly opposite leadership styles displayed in the context. In company A, the leader was an autocratic leader having a strict hierarchical structure but a centralized source of power and decision making. The assessment and all the decisions were made by the general manager without giving any regard to the employees or sub managers of the company. He had a strict influence over employees with strong control and strict decisive dimension. The way of leadership can Continue reading...

Decision making is never a simple fact as one has to take into consideration different factors before coming to the final option that will guide him or her to make the best decision. The quality of a decision one makes depends highly on the process of making it in addition to the alternatives solutions identified for the problem. Thereby, the decisions made by Rick in the movie Casablanca reflects on how quality decisions making happens and the effect it has on the lives of those affected in the process and after (Robbins and Judge 56).
As the film begins, Continue reading...

Project management is meant to help companies derive the greatest value from the activities they undertake. Every project in a corporation is supposed to be beneficial because the current business environment is competitive and risky. The organization under scrutiny is the giant computer company, HP. The Hewlett-Packard business has a portfolio and project management center that is dedicated towards the decision-making process regarding the various projects that it undertakes. The center runs under different modules that handle different kinds of projects.
First, the center has software that is designed to help the company counter the challenges faced in decision-making. Continue reading...

Introduction

In this paper we will discuss the importance of following orders regarding to the military discipline. Inaction in combat, in a combat situation or in preparation for fighting is unacceptable, because it facilitates the task to destroy the enemy of our soldiers. If you do not act, the enemy acts. Inaction implies defeat and death. This is self-evident truth. It would be logical to assume that the Marines in any environment will do everything possible to damage the enemy and minimize damage to their units. However, practice shows that inaction was and is a common phenomenon in the army. Continue reading...

INNOCENT DRINKS CASE STUDY

Introduction:
Innocent Drinks is a UK based favorite fruit smoothies’ producer and fastest emerging company. Company sale its products through different outlets. Company was started by 3 founders in 1999. Company has made several innovations and recognized for its uniqueness and quality products.
This report aims to analyze the organization structure, ownership growth, reasons of growth, and changes in strategies of Innocent Drinks. The strategic importance for Coca-Cola of acquiring the stakes of Innocent Drinks and influence of Coca-Cola on decision making of Innocent Drinks has been discussed. In order to gain the objective paper has been divided into Continue reading...

Introduction

This is a research proposal made to study the impact of the changing business environment on management accounting. The main issue that is dealt in this research is to know how management accounting is affected or developed since a decade due to the globalization of the business environment. It is the advancement of technology, globalization of the business market and high increment in competition that has lead to the change of the business environment which has further affected management accounting in the business. This has led to change in organization structure of the businesses and has led to the Continue reading...

MANAGEMENT REPORT FOR CAIFU INVESTMENTS LTD.

Management Report for Caifu Investments, Ltd.
1. Executive Summary:
The purpose of the report is to present to the Board of Caifu Investment Ltd. A management analysis of the New Look Group and the Next Store companies for the purpose of determining investment risks. General issues the garment industry is facing in the marketplace at this time are adequate working conditions for employees in the factories and lack of skilled mid-level managers (Textile Bulletin, 2014). Internally, the retention of employees with acquired skills if difficult as other opportunities lure the best workers away (PwC, 2015).

Annual Sales for 2014: £ Continue reading...

Resolving Jill’s Dilemma in Candy Corporation

Introduction
Executives frequently encounter ethical dilemmas at their work places, complex in nature, some predictable and several unpredictable. The present case study demonstrates a predictable dilemma faced by a woman executive, Jill Jones, who experienced harassment in the past by Henry, the eldest son of William Potter, the Chairman of Candy Corporation (CC). Henry is now being projected as the CEO of CC and Jill is asked to objectively review and recommend him for CEO position. The past episode of Henry’s misbehaviour with her when she was in middle management position, was still fresh in her mind. Now Continue reading...

VANS: SKATING ON AIR CASE STUDY

VANS: SKATING ON AIR CASE STUDY

Introduction

Vans Inc. is considered as one of the largest and most profitable manufacturer of shoes in the global market. The success of the private corporation relies on the networking structure created by its founder and CEO’s that allows the company to manufacture and market its products in the global market. The main focus of the company is always on the designing section and the manufacturing department that allows maintaining low cost in production and adds an extra advantage to the corporation. In this report paper a case study of Vans has been Continue reading...

Teaching the workers English.

Promoting competition between the workers.
Teaching workers to set smart daily targets, creating a sense of ownership in the workers by providing opportunities which allow the workers to invest in the business.

Giving monetary rewards.

Treating all employees with respect regardless of their position in the business, creating a team structure that allows employees to police.

Allow job rotation to evaluate individual performance hence vertical integration.

Provide advancement opportunities for all employees; provide housing, affordable medical care and food rewards.
Give employees a means of communication such as a phone where they can Skype.
Create bonding time for milkers such as bonfires.
Allow employees to rotate during the weekends.
Embracing their cultural Continue reading...

Introduction

Doctors of nursing practice must undergo a number of legislative processes and decision-making procedures in order to ensure efficient delivery of health services to the society. Nurse practitioners are mandated to influence health care policies at the state, national, and local levels. In the Dallas, Texas, nurse practitioners have the following objectives. Firstly, they are mandated to implement emerging roles for nurses in health care policy. Secondly, NPs should explore opportunities that promote advancement of health care policy agendas. Thirdly, they should point our major areas capable of motivating health care givers in relations to policy issues, legislative strategies, Continue reading...

Background

Decision making is an important factor that physicians assess during each patient visit with some cases calling for further evaluation of their capacity to make decisions based on their abrupt change of mental status. Cases of patients who make hasty decisions regarding treatment options as well those with previous history of capacity to make decisions are the ones physicians target for assessment. There are four aspects of abilities a patient should undergo in order to determine whether or not they can decide what the best clinical option is necessary. The first thing that needs to be assessed is the Continue reading...

Executive Summary

The whole purpose of this document can be expressed in one line: To create the financial analysis of Wyndham Worldwide Corporation and its importance in the decision-making level at the Company. Financial ratios have been taken as the majors sources of financial data for the Company. The ratios indicate that the Company has been growing at a healthy rate over the years and given the strategies adopted by the Company, the rise is bound to continue.

Introduction

The aim of this report is mainly to understand the financials of a Company, operating in the service sector. The concerned and most Continue reading...

Introduction

Commitment to inculcation of an effective motivation plan entails an in-depth evaluation of individual strengths and weaknesses and generation of tactical action towards plausible outcomes. Thus, the internalization of proper policies and action plan towards individual motivational scheme is imperative. Ensuring that the evident plan is effective and sustainable is a daunting process. As such, from the analysis of employee portfolio, an effective motivation plan is as follows.

Goal setting

Goal or objective setting denotes the most fundamental aspect within the motivation plan. As such, objective setting denotes setting of realistic and fair goals that emanate from the evaluation of the Continue reading...

A leadership style can be defined as the approach and manner in which directions are provided, plans are implemented and people are motivated. From the perspective to the people being lead or the employees, it is the pattern in which implicit and explicit actions are performed by the people that lead them or their leaders. Leadership style can vary from authoritarian or autocratic where the leaders dictate to the people they lead what to do and how to do it even without getting their opinions or views. Participative or the democratic styles is associated with consulting one or more Continue reading...

[Student’ Name]

Abstract

In today's challenging world, several organizations are required to focus upon various issues faced within the organization. They need to work upon the issue of strategically positioning the organization in a given market scenario. The HR Department needs to focus upon various issues, and hence, they need to prepare strategies for the same. In this report, it will include the case of Apple Inc. It will then provide recommendations on rewards and performance practices, leadership styles to be followed, solving the issues of workplace conflicts, discussing on the organizational structure and recommending on the same, and finally Continue reading...

One is currently employed in the Kindred Hospital. Just like in other health care organizations, there are policies and procedures being followed regarding decision-making processes. Nurses, for instance, have been provided opportunities to make decisions within their respective performance of duties and responsibilities focusing on patient care. An area that could be addressed in one’s place of employment to prevent nurses from being in positions to make difficult decisions is in the policymaking department: human resources management, in close coordination with the nursing department.
One of the controversial concerns where nurses could face the need to make difficult Continue reading...

Critical Thinking

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Critical Thinking
Critical thinking is an idea or concept that most individuals associate to learning and education. One may assume that it is an innate function of how individuals think, so some people will naturally be critical thinkers while others are not. Often society associates higher level of intelligence with an elevated level of critical thinking skills. In understanding the topic of critical thinking, several aspects of critical thinking are examined.

What does it mean?

Critical thinking is not a term that can easily be defined. The majority shares a generalized meaning of critical thinking as ability to process information and Continue reading...

a. WACC
(Besley & Brigham, 2008)
b. Capital Allowances

Taxes Payable

c.

Net Value (pre discounting) of the Projects

Net Present Value of the Projects using WACC (6.34%) as the Discount Rate
The two projects under consideration of Chantelle Ltd. show a negative Net Value. When the inflows from the projects over the next four years are compared with the initial investment a negative figure arises showing a net loss. Therefore, considering Net Value both projects are unadvisable for the company.
The second method used to evaluate the projects is Net Present Value (NPV) which takes into consideration the risk associated with the project and also the time value Continue reading...

I Political, Legal, Economical, Ethical Environments
Vietnam is quickly emerging as a new economic growth center in the South-East Asia. International investors look for business perspectives in both the local market that includes 80 million of consumers, and in sites of low cost manufacturing. European and North American investors are interested in the domestic markets while neighboring countries investors like Taiwan are interested in using this country as an export base (Meyer, Thi Thu Tran & Nguyen, 2005).
Vietnam was ranked by the World Economic Forum 65th out of 142 states in 2011, with a remark that corruption is pervasive Continue reading...

Businesses operate in a cutthroat market whereby financial intelligence is integral to success and operational sustainability. With such a competitive environment, it is prudent to have information regarding to the sources of finance before starting the business intended. As such, through proper financing, the business performance strategies are drawn out effectively. Further, budgeting instills proper financial planning in the running of the business. Through proper planning, the business emerges as formidable forces in the market through budgeting and cost control measures. Hence, in this paper, I will look at financial analysis and recommendations at Bank of America.

Financial analysis

First and Continue reading...

Women participation in the labor force is a key ingredient to economic development

Abstract
The concept of women’s work is an ancient practice that distinguishes the roles of women and women as presumed by traditional beliefs and the inherent attitude by subsequent generations. The female gender has encountered subordination to men as they are required to take care of domestic activities while men undertake labor work and decision-making process. Unfortunately, the inherent notion is likely to lose its ground as women reinforce their effort to push for equality in freedom of expression, collective approach to society care, engagement in political activities and their capability to deliver quality output in the labor Continue reading...

Richard Branson is the founder of the Virgin Group companies. Virgin Group has over 400 companies in various industries. Some of the well-known companies include; Virgin Atlantic, an airline company, Virgin Records, Virgin stores, and Virgin Megastores amongst many others (Dearlove). Branson is known as an empathetic leader who puts the welfare of his employees before anything else. He describes his philosophy as one that puts his employees first, customers second and investors third. Most leaders regard customers as the most important stakeholders in their organizations. However, Mr. Branson describes himself as a “rule breaker”. He believes in doing Continue reading...

For this paper, the case selected for analysis and discussion is the Penn State case. The research method that will be used for this paper will involve the use of secondary sources and internet resources to find information on the scandal. Research indicates that the Penn state scandal is a historical case where a number of ethical issues are evident. In the Penn State case, Jerry Sandusky (an assistant coach of the Penn State football team) was found guilty of child molestation that had been perpetrated over a three-decade period. However, of particular importance for this paper are the Continue reading...

Introduction

Negotiation is one of the key determinants of decision-making when an issue arises between one or more parties. This involves a conscious understanding of either party social, cultural practice as a tactical approach to arrive at a reasonable concurrence. Hofstede’s noted that people have different perceptions of how they view the world social issues and reaction to other parties’ views. Culture is a composition of shared value that draws their reference from personal observation of characters at childhood or perceptions adopted from a continuous association with daily challenges (Fang, 2001). Human beings are presumed to undergo a life Continue reading...