Decision trees

the result is a good consequence, then it is still considered to be a good act. I believe, when people are in groups, then decisions should be made by the group. When multiple ideas come up within the group, it needs to be the group’s decision to decide on what to do. If one person makes the decision for the entire group, conflict rise; if majority of the group makes the decision, majority of the group is happy. A personal example of this is when I was 16 years old. It was my birthday along with…

competent in their respective areas of expertise. They are located in several different countries and have never worked together before. The team reports to Jim Towne. The team is a “virtual team” connected primarily via videoconference, group decision-…

greatest number of people affected by the action. Otherwise the action is wrong.” (p. 44). In business, individuals and corporations are faced with many actions or decisions that affect other people and employees. These decisions can be very complicated and can become a “double edged sword” situation for the individual making the decision. This essay will analyze what is required to apply utilitarianism in business. Most businesses are in business to make a profit. DeGeorge writes, “Because the…

Managers often come across ethical decisions that influence their organisation. The South American country has been affected by a mosquito borne virus. A virus by which causes serious birth defects. A manager is considering to either support the athlete or coach, by applying the three ethical theories to justify the decision and impacts according to the final decision. The three ethical models; utilitarian, moral and justice will determine the right decision to make (Waddell, Jones and George…

I found the movie, Maxed Out, to be very informative. I learned a lot of things from watching it. The first thing that really captured my attention was credit card companies and how college students are a main target for them. I found that part of the movie very important. The second fact that caught my eye was that a person can buy another’s debt. I thought that was interesting but not a very smart thing to do. The third thing that piqued my interest was about the company Providian. As I…

We all have dreams that are so close, but seem so far away. There may be something stopping us from reaching for these dreams such as, other people’s opinions, cultural traditions, or our own self-doubt. A controversy lies between what we wish to accomplish and what others think we need to accomplish. It all comes down to our personal responsibility and the opinions of others that keeps us from moving forward. It is simply reality. This reality is explored in the book, “Like Water For Chocolate”…

Using S.M.A.R.T. goals is a way for a person or organization to define a structure and a way to track objectives and goals alike. As everybody has at least few goals in life, such as family, work, social life, wealth, etc., being able to prioritize and the desire to accomplish it becomes an important factor (YourCoach, 2017). According to the S.M.A.R.T. model goals are Specific, Measurable, Attainable, Realistic, and Timely (Siegal, Yacht, 2009). In Alice’s case using the S.M.A.R.T. model we…

Freakonomics can be seen as the study of economics based on the principle of incentives. In the movie, Steven Levitt and Stephen Dubner gives multiple examples of how incentives govern our thoughts and actions and its role in economics. The first example explored was the unlikeliness of a house agent to wait to sell a client house for a higher price. The simple reason is the low incentive. If the agent was to wait another week to sell the house for a price that is only 10k higher, they would get…

The main point made by the author, John Markoff, is that people are more likely to do something when they are given an incentive, or gift. Markoff expressed, through the help of others, that if there was a problem that needed to be fixed, giving an incentive to a person would help fix the problem because the person would mostly likely start doing whatever needed to be done to help out with the problem. Markoff supports his main point about incentives being a good thing by giving examples of what…

Benchmark - Ethical Dilemmas Everyone at a point in their life has had to make a decision of whether to choose one alternative over the other, while neither of them would provide amiable results. This is basically the definition of what an ethical dilemma means; ‘‘a process by which individuals use their moral base to determine whether a certain issue is right or wrong’’ (Carlson et al. 2009, p. 536; see also Tenbrunsel and Smith-Crowe 2008). The way people react when being put in a similar…