Improving Decision Making, DB - Essay Example

Only on StudentShare

Extract of sample
Improving Decision Making, DB

It is also possible that respondents may have thought of another state or nation which can be applied in the context or scenarios given.
Thus, the first activity demonstrated how reasoning and decision-making are multi-faceted. While there are specific answers to challenges or problems, there are different ways in the manner by which the individual arrived at the answer. That is, the individual may have guessed correctly that for both scenarios, s/he identified the correct nation/state. However, his/her assessment in arriving at the answer may have been contributed by the fact that the facts of both scenarios are unique or somewhat identified to a single country only. For example, the use of the term "party" in the first scenario signified the Communist party Soviet Union was popularly known for in the late 20th century. Similarly, the 1960s was a period of invasion and active political expansion and military movement for the US. ...
Download paper


For the set of activities demonstrated, I discovered different principles operating for each (activity). In the first activity, I chose to answer the midpoint response, since there are only two possible answers for each of the scenario depicted. However, the most interesting part of the activity that created an impression on me was the rationale behind the query on the two questions, which showed how Soviet and American actions are not radically different from each other…
Author : stammgodfrey

Related Essays

Decision Making College Essay
There are different levels of decision making and types of problems, different types of problems include semi-structured problem, structured problem and unstructured problem. For every type of problem there is a different level of decision to be taken and there is a different solution of each type of problem. Normally structured problem as easily solved as compared to the semi structure and un-structured problems, the reason for that the problem identification is easy because the problem is well structured.
3 pages (753 words) Essay
(Salaman, 2001. p.75)
8 pages (2008 words) Essay
Decision Making Research Paper
Ron felt the cost of buying that additional equipment is higher. As the machine has been bought a year back inclusion of these items should be of some use. It should not incur an extra cost. The equipments have to be effective in improving the machine's performance. Ron hesitated to accept the deal in the beginning. If the item is bought, there should be some savings in the cost.
3 pages (753 words) Research Paper
Improving Decision Making
The company's defence that the price was part of a "random price test" and could be refunded solidified the suspicion further it was into dynamic pricing activity, as similar instances were far too many. Just like the company offered $51 less by Amazon than its own usual price on a dedicated bargain website (ramasastry,
5 pages (1255 words) Essay
Improving Decision Making Essay
Thus, in an aggressive effort to battle head on with Pepsi, the company thought that the most viable solution is to change and improve the taste of Coke. Thus, the company reformulated and created the New Coke. In a double-blind test conducted by the company, it appears that 60% of consumers prefer the new taste of New Coke to Pepsi (Kotler and Armstrong 2001). Thus, Coca-Cola dropped its classic formula and introduced New Coke as its flagship brand.
2 pages (502 words) Essay
Improving Decision Making, DB
efuted that the reason why people often answer not-so-confidently on these questions was the fact that nations or states are all capable of conducting such actions. That is, since the choice of states to be answered are limited only to the Soviet Union and the US, the questions cannot really accurately determine that indeed, people cannot determine the difference between Soviet and American political actions. It is also possible that respondents may have thought of another state or nation which can be applied in the context or scenarios given.
2 pages (502 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!