Description of this paper

CSU BBA3826 unit I assessment

Description

solution


Question

Question 1;Explain the availability, representativeness, and affect heuristics. In your answer, compare the three and discuss the positive and negative aspects of each.;Answer;Press Tab to enter the content editor. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).;Path: pWords:0;25 points;Question 2;Discuss bounded rationality. In your discussion, explain the term as well as its importance in rational managerial decision-making.;Answer;Press Tab to enter the content editor. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).;Path: pWords:0;25 points;Question 3;With information that you gained from an Internet and literature search, discuss the concept of satisficing. In your answer, discuss the positive and negative aspects of applying satisficing in decision-making.;Answer;Press Tab to enter the content editor. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).;Path: pWords:0;25 points;Question 4;Discuss how bias has blocked your ability to make a rational decision. In your answer, discuss the heuristic that you may have used and the bias associated with that heuristic. What could you have done to overcome the bias generated by the heuristic?

 

Paper#31121 | Written in 18-Jul-2015

Price : $25
SiteLock