Business Decision Making Essays and Research Papers

Instructions for Business Decision Making College Essay Examples

Title: Behavioral Economics in Business Decision Making Process

  • Total Pages: 5
  • Words: 1548
  • Bibliography:5
  • Citation Style: APA
  • Document Type: Essay
Essay Instructions: Writing Assignment - Week 7 Behavioral Economics

Analyze the role of behavioral economics in business decision making process.
? Be sure to include your role as a consultant in your analysis.
? From our past seven weeks of topics, select four topics and analyze the role of behavioral economics in the business decision making process.
1.Week 1: Business Management and Strategy/ Strategy Planning Development and Strategic Positioning
2.Week 2 2 - Distinctions Between Budgeting and Financial Planning
3.Week 3: Corporate Finance, Budgeting and Financial Planning
4.Week 4: Financial Ratios and ROI/ Profitability Ratios and the Importance of ROI
5.Week 5: Strategic Marketing/ Creating a Sustainable Corporate Brand
6.Week 6 Mergers, Acquisitions, and Downsizing/ The Motives Behind Mergers, Acquisitions, and Downsizing
7.Week 7: Behavioral Economics/ The Role as a Consultant
? Be sure to include your role as a consultant in your analysis
? Please remember to use headings to assist in organizing key points, for this size of paper, headings are needed (be sure to label page 2 with a title and be sure to label your conclusion with the heading Conclusion). APA Format
? You may use any information but at least 2 citations must be from assigned readings.
? {I will also attach drafts of previous turned in work that you may use}

? Week 7 Readings & Assignments
Textbook

Aaker, D. (2001). Developing Business Strategies (6th ed.). NYNY, NYNY: John Wiley & Sons., Inc. Chapter 15 & 16

Berman, K. & Knight, J. (2008). Financial Intelligence For HR Professionals. Boston, MA: Harvard Business Press.Part Eight

Fernandez-Huerga, E. (Sep2008). The economic behavior of human beings: The institutional/post-Keynesian model. Journal of Economic Issues (Association for Evolutionary Economics, 42 (3), 709-726.

Website (additional topic information)

Behavioral Economics
http://behavioraleconomics.blogspot.com/

Society for the Advancement of Behaviorial Economics (SABE)
http://www.smu.ca/iarepsabe09/welcome.html
Excerpt From Essay:
Bibliography:


1) Shleifer, Andrei (1999). Inefficient Markets: An Introduction to Behavioral Finance. New York: Oxford University Press. ISBN 0-19-829228-7.

2) Rabin, Matthew (1998). "Psychology and Economics." Journal of Economic Literature 36 (1): 5 -- 44

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Title: Role of Statistics in Business Decision Making

  • Total Pages: 2
  • Words: 664
  • References:2
  • Citation Style: MLA
  • Document Type: Research Paper
Essay Instructions: write a summary that addresses the following criteria:

Define statistics.

Identify different types and levels of statistics.

Describe the role of statistics in business decision making.

Provide at least three examples or problem situations in which statistics was used or could be used.
Excerpt From Essay:
References:


Black, K. (2011). Business Statistics: For Contemporary Decision Making (7th ed.). Hoboken, NJ: John Wiley & Sons.

Siegel, A.F. (2011). Practical Business Statistics (6th ed.). Burlington, MA: Academic Press.

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Title: Compare and contrast the approaches of the parties who influence business decision making as it relates to ethics and of those who are influenced by their decisions.

  • Total Pages: 7
  • Words: 1917
  • Bibliography:10
  • Citation Style: APA
  • Document Type: Essay
Essay Instructions:

The Signature Assignment should show how you:

(a) demonstrate mastery of the course material, and

(b) apply this knowledge to the real world.

Required Reading:
Jennings, M. 7th Edition (2012). Unit 6C

Assignment 8 Signature assignment: Paper- Health South: The Scrushy way
Interpret the Implications of Health South and Scrushy:
Of all the CEO's accused of misdeeds in recent years - at Enron, WorldCom, and elsewhere - by far the most interesting is former HealthSouth CEO Richard Marin Scrushy. A charismatic leader, Scrushy could get employees to follow him either through charm or encouragement, or outright intimidation. In 2003, the Securities and Exchange Commission accused in a civil law suit the HealthSouth Corporation and Scrushy of inflating the company?s earnings by $1.9 billion since 1999 (Securities and Exchange Commission, 2003). In separate criminal charges, 15 former executives pleaded guilty of participating in a scheme to fake corporate profits to meet Wall Street expectations.

Using Case 4.6, HealthSouth: The Scrushy )Page 183, and by utilizing a minimum of 10 peer-reviewed references and completing outside research, examine the HealthSouth and CEO Richard Scrushy case and its ethical issues. Discuss how ethics may have played a role in the government?s responsibilities to all parties involved in the case.

Provide a Table of Contents, an Introduction, Impact on Stakeholders, Outcome and Fairness of Punishment, Conclusion, and the Reference Section.

Length: 10-14 pages (app. 350 words per page)

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.

Assignment Outcomes
Compare and contrast the approaches of the parties who influence business decision making as it relates to ethics and of those who are influenced by their decisions.
Analyze the conflicting objectives of business leaders who influence business decisions.
Evaluate the actions that a company may take to meet ethical considerations relative to social performance, financial performance, and reputation.
Assess the extent to which social, ethical and public issues must be considered in internal and external stakeholder relationships.
Excerpt From Essay:
Bibliography:

Sense of entitlement

Jennings (2004a) identified that many corporate cultures are less concerned about their fraud because of their philanthropic endeavors. These good works seem to blind them to their culpability and cause them to both "overestimate their ability and underestimate the risk of being found out" (p. 17). This sense of entitlement constitutes two of the factors that Jennings identifies as "Wild West behaviors" (p. 13) that are common to organizations that ethically collapse; A "culture of innovation like no other" and a "culture of social responsibility" (p. 17). She notes that "the attitude develops slowly as the other factors of iconic status and high levels of success consume the individual right up to a feeling of invincibility" (p. 17). This is amply demonstrated in the behavior of Richard Scrushy, who despite all of the evidence arrayed against him continues to proclaim his innocence of any wrong doing.

Jennings (2004b) identified common red flags that would point to corporate counsel that an investigation into the accounting of the firm might be in order. She indicated that in HealthSouth's case legal counsel "fits the inaction mold" (p. 45), and "like executives at WorldCom, Enron, and Tyco, executives at HealthSouth, particularly Scrushy, lived lavish lives" (p. 46). She concludes that "the presence of many elaborate perks is a red flag all can see" (p. 46). It is these perks that, according to Neeley & Boyd (2010) "encourage[s] executives to take excessive risk with other people's money" (p. 548).

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