1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nordsb [41]
3 years ago
15

Decision making can be a difficult process if managers are not well-versed in recognizing and addressing various hindrances they

face when attempting to make rational decisions. This activity is important because leadership and decision-making go hand-in-hand; decision making is one of the critical KSAOs you will need in order to be career-ready. The goal of this exercise is to test your knowledge of the hindrances to rational decision making. First, hover over each name and read the description. Next, click and drag each name to the appropriate place in the chart to correspond with the hindrance to decision making that its description best represents Broderick, as head of company benefits, is choosing a new healthcare plan for all of the company's employees. He has stacks of thick policy manuals on his desk reaching up to the ceiling. There is no way he can get through all of it alone. But he decides to do the best he can because he'd rather not take other benefits workers off of their already busy workloads.
Broderick The problems that need solving are often exceedingly complex, beyond understanding Tony There is not enough time or money to gather all relevant information. Jarrod Managers aren't all built the same way, of course, and all have personal limitations and biases that affect their judgment. Annice Managers have imperfect, fragmentary information about the alternatives and their consequences. Nickole There is too much information for ona narson to process
Business
1 answer:
hoa [83]3 years ago
8 0

Question Completion:

Hindrances to Decision Making:

1. Information overload

2. Conflicting goals

3. Time and money constraints

4. Different cognitive capacity, values, skills, habits, and unconscious reflexes

5. Imperfect information

6. Complexity

7. Different priorities

Answer:

Hindrances to rational decision making

1. Broderick: The problems that need solving are often exceedingly complex, beyond understanding

Complexity

2. Tony: There is not enough time or money to gather all relevant information.

Time and money constraints

3. Jarrod: Managers aren't all built the same way, of course, and all have personal limitations and biases that affect their judgment.

Different cognitive capacity, values, skills, habits, and unconscious reflexes

4. Annice: Managers have imperfect, fragmentary information about the alternatives and their consequences.

Imperfect information

5. Nickole: There is too much information for one person to process

Information overload

Explanation:

a) Matching Hindrances to the above decision situations:

1. Information overload

2. Conflicting goals

3. Time and money constraints

4. Different cognitive capacity, values, skills, habits, and unconscious reflexes

5. Imperfect information

6. Complexity

7. Different priorities

You might be interested in
Two references are made to a check early on in the play, one by walter and one by travis. how does ruth react to each of these r
OLga [1]
The two references that came from walter and travis are after Ruth and supposedly this two should come on the other day. In that situation, Ruth feels so annoyed to the two of them and tells them that they should not be coming until the next day. 
7 0
3 years ago
The factor that has the greatest impact on your credit score is
Alex787 [66]
Payment history, along with public records account for about 35% of your score. Late payments on your current and previous credit accounts generally lower your score.
That should answer your question.
4 0
3 years ago
Read 2 more answers
On May 10, 2020, Cullumber Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay t
Likurg_2 [28]

Answer:

Date                 Particular                         Debit    Credit

May 10, 2020  No Entry (Note 1)                $0     $0

                         (To record contact entered into)

June 15, 2020  Account Receivable A/c  $1,810

                                To Sales Revenue A/c            $1,810

                         (To record Sales)

June 15, 2020   Cost of goods sold A/c.    $1,050

                                To Inventory A/c                        $1,050

                         (To record cost of goods sold)

July 15, 2020     Cash A/c                             $1,810

                                 To Account Receivable A/c      $1,810

                          (To record payment received)  

8 0
3 years ago
If the company were to issue an annual zero-coupon bond with a maturity of 2 years and par value of $1,000, what would be the ar
Firdavs [7]

Answer:

Note: <em>The complete question is attached as picture below</em>

1a. The one year spot rate can be calculated using the one year zero bond.

PV * (1 + S1) = FV

1 + S1 = 1000 / 900

S1 = 1.1111 - 1

S1 = 0.1111  

S1 = 11.11%

1b. PV of the 2 year bond = $950

Annual coupon = 1000 * 5% = $50

950 = 50 / (1 + S1) + (50 + 1000) / (1 + S2)^2

950 = 50 / 1.1111 + 1,050 / (1 + S2)^2

1,050/ (1 + S2)^2 = 950 - 45 = 905

(1 + S2)^2 = 1050 / 905

1 + S2 = 1.160221/2

S2 = 7.714%

1c. Price of the 2 year zero bond = 1,000 / (1 + 0.07714)^2

Price of the 2 year zero bond = 1,000 / 1.1602

Price of the 2 year zero bond = 861.9203586

Price of the 2 year zero bond = $861.92

3 0
3 years ago
Why does my dad stick his weener up my dog
vivado [14]
What the heck uhmmmm
6 0
3 years ago
Read 2 more answers
Other questions:
  • Jorge is considering an investment that will pay $4,650 a year for five years, starting one year from today. What is the maximum
    9·1 answer
  • During the current fiscal year, Jeremiah Corp. signed a long-term noncancellable purchase commitment with its primary supplier.
    12·1 answer
  • If you visit diamondsforever, you can design your own ring. This site, which is operated by Engaging Engagements, then allows yo
    9·1 answer
  • Investment increases to​ $1.5 trillion, and the multiplier when the price level is constant is 8. Draw the new aggregate demand
    10·1 answer
  • Kew City received a $15,000,000 federal grant to finance the construction of a center for rehabilitation of drug addicts. The pr
    11·1 answer
  • In terms of strategy making, what is the difference between a one-business company and a diversified company?A. The first uses a
    11·1 answer
  • The​ risk-free rate is 3.4​% and you believe that the​ S&amp;P 500's excess return will be 11.9​% over the next year. If you inv
    5·1 answer
  • by which quantity would you divide the total cost in order to calculate a business’s average total cost?
    14·1 answer
  • Do not have a fixed melting and boiling point.​
    13·1 answer
  • Politicians often argue for tariff increases in order to reduce the nation's dependence on imports. If tariffs are increased, th
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!