Decision support system

article that is widely considered to be a fundamental article for accounting theory. The Zeff article presents another definition of economic consequences. The article states that economic consequences refers to “the impact of accounting reports on the decision-making behavior of business, government, unions, investors and creditors” (Zeff, 1978, pp. 56). Essentially, the definition of economic consequences comes down to the costs and benefits associated with implementing the standard in…

Fundamental attribution effect is one’s tendency to explain other’s behavior based on internal factors like personality and disposition. This theory explains that the impact of situational influences have on other's behavior is often underestimated when considering someone else's behavior. However, the theory also explains that when considering the inverse, our own behavior, situational factors are taken into more consideration. This discrepancy is where the "error" or "bias" or "effect" comes…

Aurora Dittberner Mrs Dittberner Literature and Composition (Finishing date) “Watership Down” The Qualities of a Leader In Richard Adams’s “Watership Down” the reader will be introduced to a multitude of characters, sub characters, places and colonies. The inhabitants and the culture of these colonies mainly depends on the leader and their morals, both in this book and in the real world as a result of their having been set examples, both admirable and unadmirable by their leaders, or, in some…

Despite the fact that both narratives follow the attempts of climbers to scale an imposing mountain, “The Devils Thumb” and Touch the Top of the World handle the subject matter in different ways. While both stories focus on the climb itself, they also address the underlying themes and lessons these climbs bring with them. As such, the two narratives take on extremely different viewpoints; one focuses on innocence and the limits of dreams, while the other focuses its attention on the author’s…

Dunning-Kruger effect by encouraging staff to make decisions with consultation rather than in isolation. Conferring with an expert would certainly be a way to rank your own competency in an area and might mitigate overconfidence. Pairing staff with mentors early on might also help new employees better ascertain and rank their skill relative to other staff in the organization. With more frames of reference about the competency required for good decision making, staff have the opportunity to…

Why do we always conform to the majority? The difference between the opinions of the majority and the minority has always been a controversial problem in our daily life. Although no one can simply clarify which side is better, most of the time, the majority’s opinion will be regarded as a better choice to follow. In Brooke Gladstone’s book, The Influencing Machine, the author demonstrates her idea about beliefs and actions, “Our actions and beliefs are driven more by our impulses and bias we…

The term “ethics” is commonly referred to as a branch of philosophy that involves a number of different aspects relating to various concepts of right and wrong conduct. These include systematizing, defending, and recommending different ways of action in an ethically correct manner (Webster, 2017). This idea was put to the test during early April of 2017. United Airlines faced a number of charges after a man claiming he was being profiled for being Chinese, was forcibly removed from his seat by…

In analyzing the video “Subtle Boundary Dilemmas: Ethical Decision Making for Helping Professionals” the video describes the ethical dilemmas professionals face due to boundary issues with clients. This often creates difficult situations as professionals try to maintain appropriate boundaries. The video clearly describes a professional’s role in setting and resetting boundaries to ensure our clients can focus on healing and getting the help the they need to embrace a quality life. It is the…

Goldratt created and developed the Theory of Constraints (TOC) which one focus on the efficiency of the overall process rather than the efficiency of a single process. The Theory of Constraint’s identify the most important limiting factor that blocks on achieving the mail goal of the organization, once the limiting factor is found, it is important to analyze and improve the problem. However, it is not always easy to find the constraint, and Goldratt developed the Thinking Process, “This is a…

are stubborn about their values, and might place them as a higher priority over financial stability, or needs. Being that current society norms place being employed as a measure of success, may force her to accept her job, regardless of her value system. Yet, the choice to work may cause her to regret her choice in a few years, leading to poor job performance, and a choice to wait for a more ethical job, could cause more problems like: losing house, cars, and bad credit. Money is needed to live,…