| Papers [1-15] of 100 :: [Page 1 of 7] | | Go to page : 1 2 3 4 5 6 7 —> | Search results on "BUSINESS DECISIONS RATIONALITY": |
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Business Decisions Rationality, 2007.
An analysis of the shortcomings of various business decisions undertaken by the writer in a small business.
728 words (approx. 2.9 pages), 1 source, APA, $ 25.95
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Abstract
This paper examines a business decision undertaken by the writer within the past year. The paper expressly looks at the rational decision-making process and the six steps Max Bazerman identifies in "Judgment in Managerial Decision-making." It then illustrates the shortcomings of a computational approach and the errors of the writer in his business approach. In the end, the paper effectively argues that computational models to business decisions rarely work when human beings are involved because human beings are fairly unpredictable, dynamic company assets with emotions and feelings.
From the Paper
"In the end, it is clear that there are certain problems with the "fully rational" model of decision-making. Most of all, it assumes that all variables and eventualities can be accurately weighted - and this is simply not possible when unpredictable, volatile human beings are cast into the equation. Secondly, the process requires that managers have a thorough understanding of the problem before them before they begin the step-by-step march towards a rational solution (Bazerman 2006). Because it places so much emphasis upon mathematical calculations weighting different alternatives and criteria, the rational decision-making approach can easily lead to the wrong things being "added up" - with the predictably disastrous results. In the end, the process places too much emphasis upon quantifying things without appreciating the dynamics of their environment."
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Rational Decision Making, 2002.
Addresses the issue of humans and their ability to make rational decisions.
2,935 words (approx. 11.7 pages), 2 sources, MLA, $ 86.95
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Abstract
This paper examines Nietzsche's and Freud's conclusion that humans are incapable of rational thought. It considers the arguments they made in support of this conclusion and concludes by finding that both Nietzsche and Freud were right in asserting that human beings really are not capable of rational thought.
From the Paper
"In Twilight of the Idols Nietzsche argues that human thought is not really based on reason, but that humans can mistake their approaches and incorrectly identify them as rational. According to Nietzsche, decision making is not often rational because it is almost always based on errors. Nietzsche describes four specific errors that occur: the error of confusing cause and effect; the 'immortal unreason'; the error of a false causality; and the error of imaginary causes. Each of these errors will now be considered, with examples given of how they impact people's ability to be truly rational."
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Decision Analysis: Decision Trees, 2004.
Reviews importance of modeling in policy analysis and the use of decision tree analysis
1,150 words (approx. 4.6 pages), 1 source, APA, $ 39.95
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Abstract
This paper reviews the importance of modeling in policy analysis and the use of decision tree analysis. It looks at the tools available to help policy makers. The writer uses the example of Firestone tires on the Ford Explorer sports utility vehicles as an application of decision trees in decision analysis.
From the Paper
"There is a large variety of tools available to help decision-makers. This paper focuses on one of these tools decision tree analysis. The consideration of the decision tree decision analysis tool begins with are view of the ..."
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Rationality, 2002.
A study of two organizational theories in order to understand the concept of rationality.
1,670 words (approx. 6.7 pages), 2 sources, MLA, $ 54.95
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Abstract
The paper shows that 'Rationality' is often assumed to be a desirable value by virtually all individuals who engage in business management decision-making. Or, perhaps a better way of phrasing this prioritization of the value of rational thinking and organization is to say that for a manager or a business to be called ?irrational? would be a profound insult to his or her competence. The paper discusses how a better understanding of rationality functions as an organizing principle within human relationships in the context of organizations, requires a more nuanced understanding of rationality. It compares two pioneers of organizational theory, Max Weber and H. A. Simon.
From the Paper
"The best way to deal with the complexity of modern life Weber stated, was the proliferation of legal-rational bureaucratic organizations. The key to Weber?s theory was that his designed structure could enable managers to standardize coordinated responses between individuals and individual units of workers, and not simply standardize specific production and operations. Weber suggested that the best way to manage a business or institution was to institute structural coordination controls through centralized, hierarchical, and highly departmentalized structures."
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Empirical Business Research, 2007.
This paper discusses the use of empirical business research methods especially SWOT (strengths, weaknesses, opportunities, and threats) analysis.
2,110 words (approx. 8.4 pages), 8 sources, MLA, $ 66.95
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Abstract
This paper explains that, when Bill Gates and Paul Allen were forming their competitive software company Microsoft, they examined the products and business methods of IBM Corporation upon which to base their own company. The author points out that this method of business research is called empiricism, which is the gaining of knowledge based on experience. The paper relates that empiricism was based on the ancient Greek philosophers' belief that learning was based on experience not theory. The author describes SWOT analysis (strengths, weaknesses, opportunities, and threats) as a method of empirical research and thinking inside a business that can help the organization make rational decisions for particular actions to rival its competition. The paper includes several examples from specific companies such as McDonald's and Ford.
From the Paper
"With the experience gathered from the competing company, you can set your own objectives based on the knowledge gained from the strengths, weaknesses, opportunities, and threats of other businesses. This allows for informed decisions to rival the competing company. Another standpoint about a SWOT analysis is that the results have to come from multiple perspectives. This means that the results of the SWOT analysis have to be repeated in order to ensure the quality of the SWOT. This idea ties into Charles Sanders Peirce's philosophy of pragmatism."
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Rationality, 2004.
Discussion on the human ability to practice rational thinking.
1,701 words (approx. 6.8 pages), 4 sources, APA, $ 55.95
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Abstract
This paper examines two of the systematic mistakes that humans tend to make when they make decisions that they are likely to consider to be rational. These include mistakes or inclinations toward both pessimistic and optimistic biases.
From the Paper
"Except, of course, that we?re not. But it is true that humans are relatively bad at purely rational thinking. This should not perhaps be surprising to us: We are not, after all, computers, which are far better than are humans at making rational decisions and providing rational calculations about situations. This is not entirely a bad thing: Humans have apparently (though the process of evolution) sacrificed the ability to make perfectly rational calculations for the ability to excel at what those who are trying to teach computers to think like humans call fuzzy thinking. We are good, for example, at being able to read another person?s internal emotional state by the tilt of their eyebrows but we are relatively bad at calculating the odds of whether to take another card in blackjack ? to the unending enrichment of the Las Vegas casinos."
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Presidential War Decisions, 2004.
An analysis of U.S. President George W. Bush's war decisions based on Gary R. Hess' book about the Korean, Vietnam and Gulf wars, "Presidential Decisions for War".
675 words (approx. 2.7 pages), 1 source, MLA, $ 23.95
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Abstract
Using the experiences of Presidents Truman, Johnson, and George H.W. Bush in the Korean, Vietnam, and Gulf wars, this analysis examines some of the mistakes of these presidents and whether or not President George W. Bush has learned anything from those mistakes in his war against Iraq.
From the Paper
"If the ultimate use of historical knowledge is to avoid repeating mistakes of the past and using past ideas and techniques that have worked well, then President Bush is not ultimately using historical knowledge in the current war against Iraq. Based on the information provided by Gary R. Hess in "Presidential Decisions for War" regarding the Korean, Vietnam and Gulf Wars, President George W. Bush has not learned from the mistakes of predecessors Truman Johnson and George H. W. Bush. Hess maintains that the nature..."
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Supreme Court Decisions, 2005.
This paper discusses the Supreme Court's major decisions; The Dred Scott v. Sandford and Plessy v. Ferguson.
1,125 words (approx. 4.5 pages), 5 sources, MLA, $ 39.95
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Abstract
The paper explains two landmark decisions of the U.S. Supreme Court: the Dred Scott v. Sandford, and Plessy v. Ferguson decisions. The paper examines how these decisions institutionalized racism by giving the white majority the power to marginalize and discriminate against Black Americans.
From the Paper
"Today's judicial atmosphere has never been more charged. As the Supreme Court ages and the Senate debates the use of filibusters to stall judicial nominees, it is important to understand the power that Supreme Court Justices wield in their lifetime appointments. There are perhaps no better examples of the Supreme Court's ability to make pernicious decisions than their landmark decisions to institutionalize racism in the Dred Scott vs Sanford and the Plessy vs Ferguson decisions."
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Individual Rationality, Government and Morality, 2005.
Discusses Thomas Hobbes' view of the relationship between government, individual rationality and morality.
1,285 words (approx. 5.1 pages), 2 sources, MLA, $ 43.95
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Abstract
This paper argues that Thomas Hobbes believes that government is necessary in order to make morality individually rational. This argument is carried out by looking at the distinction between individual rationality and collective rationality (morality). The tension between these two concept is illustrated by the prisoner's dilemma thinking exercise. Drawing on the evidence of the prisoner's dilemma, the paper then explains how government makes it rational for people to be moral. Lastly, the paper briefly compares Hobbes' view with Kant's view of morality.
From the Paper
"Like individual rationality, collective rationality is also based on the natural right and desire of self-preservation. As the name entails, collective rationality is the exercise of reason to discover what is in the best interest of all. Three laws of nature are found by collective reasoning. Firstly, because survival is much easier in conditions of peace rather than in war, every one is to "seek peace, and follow it" (Hobbes, 404) unless there is a need for defense. Secondly, to foster peace, individuals have to surrender their rights to all things and "be contented with so much liberty against [others], as [they] would allow [others] against [themselves]" (Hobbes, 405)."
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FCC Decisions, 2004.
A look at recent decisions made by the Federal Communications Commission (FCC) regarding media ownership.
1,201 words (approx. 4.8 pages), 5 sources, MLA, $ 41.95
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Abstract
This paper presents a detailed exploration of the recent FCC decisions concerning media and the percentage of ownership companies are allowed to have. The writer examines the issues, the decisions, and the Congressional intervention following public outcry about those decisions.
From the Paper
"One of the things that makes America great, according to many experts, is the diversity of the media. While one media source may be extremely conservative, another source may be more liberal. It is this balance of sides that has made the nation?s media the solid source that it is today. Media has been depended on for many generations as a source of information. While most people are aware that the media is biased in its presentation there have always been stopgaps in place to prevent a controlling bias. One of the stop gaps that has been in place for many years was the mandate prohibiting any one media company from owning a large percentage of the television market."
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International Business, 2002.
Provides a business plan to market a hand-held 'travelling companion' in Greece, Mexico and Egypt.
1,231 words (approx. 4.9 pages), 12 sources, APA, $ 41.95
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Abstract
The paper begins by introducing the product to be marketed - a handheld unit which provides the benefits of a digital camera, translator and tour guide all in one. It looks at the current international situation and then examines the rational of and commitment to international expansion. The paper then explores the reasons behind expanding the business to three expanding markets - Greece, Mexico and Egypt. It provides a statistical summary of the economic foundations of all three nations by way of a graph before focusing on an analysis of Greece's political and economic situation.
From the Paper
"Greece is of high interest because of the impending Olympic Games which will be held in the country. The primary source of income for many local vendors within the country is tourism, the same is true of Mexico (CIA, 2003). The pyramids in Egypt prove equally compelling as a tourist attraction. Most individuals visiting these countries are lured by the amazing historical structures to see. Mexico and Greece, like Egypt are home to many famous ruins. The ease of use and inexpensive cost of the travel companion could provide tourists with guided daily tours of the many sights within these countries. Most visitors, upon entering countries such as Greece, Egypt and Mexico, seek out the aid of a tour guide and translator. The use of this product will eliminate the need to do so. The product is most likely to be successful in Greece during the Olympics, as high volumes of visitors form many different countries will be entering the country, and the majority are not likely to be familiar with the local language and sights. Many will also be seeking out digital camera or similar capabilities, which this product will provide".
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Business Ethics in "Wall Street", 2001.
Looks at the various business ethics issues raised in Oliver Stone's movie, "Wall Street".
2,035 words (approx. 8.1 pages), 5 sources, APA, $ 64.95
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Abstract
The essay looks at the various macro and micro business ethics issues raised in the film, "Wall Street" and outlines how Western Christian theologians would rationalize these. The essay deals with topics such as greed, corruption, corporate governance, leadership, corporate codes of ethics etc. using Oliver Stone's 1987 film "Wall Street" as a study piece.
From the Paper
"In Wall Street we find that Gecco has a plutocratic monopoly over the power and control of his company because he has the board "in his back pocket" . At Gecco & Co. there is a tragic lack of contestability, and Gecco, being at the pinnacle of the corporate organogram has absolute power. However from a Christian perspective, especially considering Gecco's laissez-faire ethical stance, this is hardly ideal, and if we look briefly to the Christian scripture on leadership qualities we find from the Christian perspective, Gecco is certainly not the right man for the job -"the overseer must be above reproach, the husband of but one wife, temperate, self-controlled, respectable, hospitable, able to teach, not given to much wine, not violent but gentle, not quarrelsome, and not a lover of money."."
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Global and Domestic Marketing Decisions, 2004.
A brief analysis of global and domestic marketing decisions.
845 words (approx. 3.4 pages), 4 sources, MLA, $ 30.95
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Abstract
This paper contends that companies must keep abreast of the profound technical, cultural, and ethical shifts that have occurred in today?s business climate in order to make accurate marketing decisions. The paper discusses the technological, cultural, and ethical aspects of these changes and applies them to marketing decisions.
From the Paper
"Of course, it?s tempting to think of business decisions as occurring in a perfect economic bubble?wouldn?t it be nice to simply prepare a strategic SWOT (strengths, weaknesses, opportunities, and threats) analysis based on one?s industry alone? Alas?or fortunately, depending on one?s perspective, however, no company exists within such a comfortable bubble in today?s business environment. (SWOT Analysis, 2004) Today, companies must keep abreast of the profound technical, cultural, and ethical shifts that have occurred in today?s business climate, reflecting the more forward-thinking yet bearish attitude climate of the 21st century, as opposed to the 1990s."
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Ethical Decisions, 2002.
Looks at the ethical decisions which have to made by people in the business world , the military and the government.
1,150 words (approx. 4.6 pages), 5 sources, $ 44.95
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Abstract
In all of our interactions, there are decisions to be made in relation to the people with which we interact. Most of those decisions are based upon the social rules specific not only to our society, but to the position, gender, age, relationship, familiarity and context in which the interaction takes place with the other person. While the vast majority of these interactions require little of us other than to follow those pre-established social guidelines, many require us to make and act upon our sense of morality. There are three contexts in which such situations occur which maintain a slightly 'altered' moral context. Business, government, and military environments carry with them not only vestiges of the generally acceptable social rules and ethical expectations, but also maintain an ethical subset of rules which is specific only to that environment. People who work and live in those environments are frequently faced with conflicts between societal ethics and their environmental ethics. It is the purpose of this paper to provide a brief examination of the types of ethical challenges that people face within the contexts of business, government and the military.
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Cross-Border Risks and Capital Allocation Decisions, 2005.
This paper is a research proposal to study the international management of cross-border risks and capital allocation decisions in a high risk environment.
2,180 words (approx. 8.7 pages), 12 sources, APA, $ 67.95
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Abstract
This paper explains that, besides the risks inherent in domestic operations, banks, which are engaged in international activities also are exposed to "country risk," or the risk that economic, social and political conditions and events in a foreign country will adversely affect an institution's financial interests. The author points out that, from a practical perspective, accurate and timely country risk assessment is important not only because it affects individual investors but also because it can be systemic; one of the primary purposes of financial regulation is to manage systemic risk. The paper states that the research will be done using a case study methodology to study various country risk/cross border risk management models adopted by a sample of international banks and to assess their robustness and how well they are associated with a framework of planned management actions and capital allocation decisions.
Table of Contents
Introduction
Statement of the Problem
Overview of Study
Purpose of Study
Key Term Definitions
Capital Allocation Decision
Country Risk Ratings
Risk
Preliminary Literature Review
Background and Overview
Current and Future Trends
The Countries' Performance in International Trade
Leverage
Various measures of liquidity
Methodology
Description of the Study Approach
Data-gathering Method and Database of Study
From the Paper
"A significant amount of cross-border lending takes place through offices in a bank's home country (or even one of its subsidiaries located in a third country), with no subsidiary (or even branch presence) located in the country in which the borrowing firm is headquartered. Retail banking requires a physical presence of some sort to provide points of contact with customers; by contrast, wholesale banking requires a much smaller investment. "For example, banks with no physical presence in a country can lend substantial volumes of funds to firms and governmental entities of that country through project finance and loan participations." The composition of borrowers will differ, though, depending on whether a foreign bank has a physical presence in a country or manages its loans from offshore locations."
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