Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

MGT SLP 2 – 22

I need help with my assignment

Module 2 – SLP

Decision-Making Biases and Pitfalls

Please read the following chapter about the intercultural application of diversity and inclusion, watch the short video on the advantages of cultural diversity, and then complete the SLP assignment.

Ferdman, B. M., & Deane, B. R. (2014). Chapter 5: Intercultural competence: Vital
perspectives for diversity and inclusion. In Diversity at work: The practice of inclusion.
[Books24x7 version]. Available in the Trident Online Library.

Films Media Group. (2017). 
A conversation with Monique Nelson: Conversations with giants [Video]. Films on Demand. Available in the Trident Online Library in the Films on Demand database

Jones, G., Chirino Chace, B., & Wright, J. (2020). 


Cultural diversity drives innovation: Empowering teams for success.


 
International Journal of Innovation Science, 12(3), 323-343.  Available in the Trident Online Library. 

We’ve all had experiences where we have been frustrated by a decision that our supervisor made. You have probably blamed this decision on your boss being “closed-minded,” “stubborn,” or “pigheaded.” But after reading the background materials you should be able to more precisely examine and define the precise decision-making biases or pitfalls that your supervisor made.

For this assignment, think of three bad decisions that your current or past supervisors made. For each decision, explain what bias discussed in the background materials likely led to this bad decision. You must use biases specifically discussed in Bolland and Fletcher (2012); Kourdi (2003); or Hammond, Keeney, and Raiffa (2008). For each of the three decisions, include:

A) A brief description of the decision and why you think it was a bad one

B) What kind of bias you think lead to this decision, and why

C) A reference to one of the background readings from this module

Finally, conclude your paper with a discussion about which of the three readings from the background materials would be most useful for your supervisor to read in order to help make better decisions and avoid biases. Explain why you think this reading would be more useful than the other two readings.

The paper should be 2–3 pages in length.

SLP Assignment Expectations

·
Follow the assignment instructions closely and follow all steps listed in the instructions.

·
Stay focused on the precise assignment questions; don’t go off on tangents or devote a lot of space to summarizing general background materials.

·
Make sure to cite readings from the background materials page. Rely primarily on the required background readings as your sources of information.

Include both a bibliography and in-text citations. Citation and reference style instructions are available at Trident University’s 


Introduction to APA


.

Module 2 – Background

Decision-Making Biases and Pitfalls

Required Material

A good place to start is these videos:


What causes strategic decision errors 
– From LinkedIn Learning


Separating noise from bias
 – From LinkedIn Learning

Now go through the following three readings to get a deeper understanding:

Kriek, D. (2019). Team leadership: Theories, tools, and techniques. Knowledge resources. Available in the Trident Online Library, Proquest database.

Kourdi, J. (2011). Chapter 10: Avoiding the pitfalls and developing an action plan. 
Effective Decision Making: 10 Steps to Better Decision Making and Problem Solving. London: Marshall Cavendish International [Asia] Pte Ltd. [eBook Business Collection]

Hammond, J. S., Keeney, R. L., & Raiffa, H. (1998). The hidden traps in decision-making. 
Harvard Business Review, 76(5), 47-58. [Business Source Complete]

Optional Material

Trevis Certo, S., Connelly, B. L., & Tihanyi, L. (2008). Managers and their not-so rational decisions. 
Business Horizons
51(2), 113-119.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

P1

Procurement Management Plan Instructions This week, you will produce your Procurement Management Plan for your project. Your plan will provide direction to manage procurement throughout the life of your project. The plan recognizes and describes the products and/or services to be acquired, the types of contracts to be used to

Mathematical accounting

A company produces and sells a single product. The fixed costs amount to $50,000 per month, and the variable cost per unit is $25. The product is sold for **$40 per unit**. **Required:** 1. Calculate the **break-even point** in units and in dollars. 2. Determine the **profit or loss** if

Accounting

Discuss advantages of monetary policies in business laws.

Business Finance – Accounting HOMEWORK

see attached Use this reference for first 2 questions. Williams, J., Bettner, M., & Smith, K. (2023). Financial & Managerial Accounting (eBook with Connect access). New York, NY: McGraw-Hill Education. Homework 1, 1 page with 2 references: Select a publicly traded company and access the company’s most recent annual report

financial accounting

  Question (Financial Accounting): XYZ Limited began operations on January 1, 2024. The following transactions occurred during its first month of business: The owner invested $120,000 cash into the business.   Purchased equipment worth $60,000, paying $20,000 in cash and the balance on credit.   Purchased inventory costing $25,000 on

Mathematics economics

  Question (Mathematical Economics): A firm’s production function is given by: [ Q = 50L^{0.5}K^{0.5} ] where ( Q ) is output, ( L ) is labor, and ( K ) is capital. The price of output is ( P = 10 ), the wage rate is ( w =

Federal Reserve Bank (Fed)

   Explain how the decision of the Federal Reserve Bank (Fed) to raise interest rates would be expected to affect each component of the weighted average cost of capital (WACC). What mistakes are commonly made when estimating the WACC, and how do these mistakes arise?

Economics

Inflation and Its Impact on Consumer Purchasing Power and Economic Growth Inflation, defined as the sustained increase in the general price level of goods and services in an economy, has significant implications for consumer purchasing power and overall economic growth. Its effects can be both beneficial and detrimental, depending on

Accounting

Question: A company purchases office equipment for $12,000 on January 1, 2024. The equipment has an estimated salvage value of $2,000 and a useful life of 5 years. Using the straight-line method, calculate: (a) The annual depreciation expense. (b) The book value of the equipment at the end of the

Accounting

Question: A company purchases office equipment for $12,000 on January 1, 2024. The equipment has an estimated salvage value of $2,000 and a useful life of 5 years. Using the straight-line method, calculate: (a) The annual depreciation expense. (b) The book value of the equipment at the end of the

Accounting

 Discuss the importance of the matching principle in accounting. How does it influence the preparation of financial statements, and what are the potential consequences of failing to apply this principle correctly? 

public finance

Part A I could not get the book to open, so use your own resources for this assignment. Weekly Objectives Students will: · Define public administration and why it is important. · Define and explain key terminology related to public budgeting and finance administration.  · Differentiate between the four stages

inflations

 Analyze the impact of exchange rate fluctuations on a nation’s balance of payments, inflation, and overall economic growth. In your discussion, highlight both the short-term and long-term effects, and suggest policy measures that governments can adopt to maintain exchange rate stability. 

ecomonics

 Question: Discuss how inflation affects consumer purchasing power and overall economic growth. In your answer, explain both the short-term and long-term impacts of inflation on households and businesses. 

human resource

 Question: Discuss the key functions of Human Resource Management and explain how effective HRM practices contribute to improved employee performance and organizational success. 

week 9

instructions and readings attached  Answer the following questions 1. Have you had personal negotiations experience in which you either did or did not adequately prepare? Explain. 2. You will be leading collective bargaining for a union of nursing home workers at a large nursing home in San Francisco. Please tell