Wednesday, January 29, 2020
Heuristics Lead to Predictable Biases and Inconsistencies Essay Example for Free
Heuristics Lead to Predictable Biases and Inconsistencies Essay The human brain is complex, most especially as a specimen for study regarding decision-making and problem solving. The brain uses very precise methods of compression in order to distinguish the most important features of a certain sensory data. Because of human error, these methods are not perfect. Humans obtain large numbers of sensory data a day, even terabytes worth to be more precise. Most of what a person sees within the day gets erased from his memory, yet tiny pieces of data remain. These are converted into symbolic format, which would connect to the personââ¬â¢s experiences once he is in contact with it. When the sensory data gets abstracted it then becomes symbolical to the person and taken from long-term memory, certain biasing effects arise. ââ¬Å"Biases also operate when the symbols are invoked and manipulated for cognitive operations. â⬠The results of these are our belief systems, representation and anchoring. Anchoring refers to the process where people form beliefs around an anchor and every incoming data should relate towards that anchor even though significantly irrelevant. Representation ââ¬Å"occurs when people expect their outputs to resemble the generating process.â⬠Yet representation doesnââ¬â¢t prove efficient and always true, and this is due mainly because of human bias. Representation and anchoring are examples of heuristics. They are more commonly described as ââ¬Å"rules of thumbâ⬠which humans use in reasoning in cognitively economical ways. These are inscribed in the human brain, and it is the same for all, as we all have a pair of hands and a pair of eyes. Heuristics started in the late 1960s and early 1970s and devised by Amos Tversky and Daniel Kahneman where they focused their studies on human judgment. Heuristics replaced rational judgment and the algorithmic method where they theorized that judgment in uncertainty rests on a limited number of heuristics rather than other more complicated methods. Heuristics became accepted and spread upon almost all forms of knowledge ââ¬â economics, medicine, law, psychology and political science. This study was revolutionary in its time because ââ¬Å"it simultaneously questioned the descriptive adequacy of ideal models of judgment and offered a cognitive alternative that explained human error without invoking motivated irrationality. â⬠Kahneman and Tverskyââ¬â¢s study revolved around the assumption of ââ¬Å"bounded rationalityâ⬠. In their study, they have also showed that humans indeed are very limited in processing and are probable to erroneous judgment, they attest to the earlier models of judgment where not fit to humans since they are much simpler than what is really happens in human decision making. After wide acceptance and a moving away from the rational decision-making patterns devised in the past, where humans are thought to always choose the best decision by means of probability, Heuristics is still seen to have inconsistencies and laden with biases. The whole concept of Heuristics gives a structured way of problem solving, taking into consideration human brain function and capacity which inevitably makes the process easier. As compared to the old model of thinking where humans are always seen to know probability and choose the best way based on probability computation, Heuristics give a deeper understanding of the human condition. Some failures of heuristics enter when it is presented with data that is not part of its ââ¬Å"domain of expertiseâ⬠or what is already previously calculated. Biases are a key error in using heuristics for problem solving. A cognitive bias is defined as ââ¬Å"any of a wide range of observer effects identified in cognitive science and social psychology including very basic statistical, social attribution, and memory errors that are common to all human beings. â⬠Biases that are in direct relation to decision making and problem solving affect scientific methods technically designed to eliminate these exact chances of bias. Biases in Heuristics are difficult to notice for three reasons. First, the human thinking process that is used to judge and assess in problem solving is in itself full of biases. Second, biases are common and widespread that it is difficult to notice and third, the decisions that are made through the use of Heuristics feel good therefore it satisfies the person, regardless if it right or wrong. According to a University of Pennsylvania law school research paper, principal findings in behavioral economics and cognitive psychology through the years have shown in studies that humans ââ¬Å"deviate from ideal precepts of rationality in many settings, showcasing inconsistent judgment in the face of framing and other formal manipulations of the presentation of problems.â⬠In their research paper entitled, ââ¬Å"Heuristics and Biases in Thinking About Taxâ⬠, they have suggested that citizens especially in the United States suffer from a wide range of biases in the understanding of the basic features of the tax-law design and reform, like the perceptual biases more studied in the domain of the private markets, like the evaluation of ââ¬Å"risky choiceâ⬠and consumer finances. The main goal of the paper was to show that in evaluating the tax systems present in the country, citizens are vulnerable and exhibit a wide range of Heuristics and biases, which lead to inconsistent judgment and evaluation. Prevalence of these biases show that there is indeed room for ââ¬Å"skillfulâ⬠politicians and facile political systems to ââ¬Å"manipulate public opinion, and that tax system design will reflect a certain volatility on account of the possibility of eliciting preference reversals through purely formal rhetorical means. â⬠Due to the inconsistencies and biases of Heuristics, decision theorists have studied this phenomenon more closely. It turned into a respected field, founded by of Kahneman and Tversky, commonly known as ââ¬Å"Heuristics and biases.â⬠Heuristics may work well in problem solving, but can also turn to harmful biases. A few examples of heuristics and biases include Framing, which means viewing a need in the real world as a ââ¬Å"problemâ⬠you can work on solving and the counterpart bias is mistaking your view of the problem for the real need. Status quo, a heuristic that implies ââ¬Å"Business as Usualâ⬠or ââ¬Å"If it ainââ¬â¢t broke donââ¬â¢t fix itâ⬠may incur bias against anything new. Cognitive overconfidence is the same as decisiveness and refusal to be haunted by doubt which may lead to the bias of self-delusion. The Heuristic Prudent Estimation means ââ¬Å"conservative estimatesâ⬠which may lead to missed opportunities which are especially dangerous in group problem solving. Most likely scenario has the Heuristic explanation of avoiding wasting time on possibilities that probably wonââ¬â¢t happen, but the bias is rare events can be the most important. Guessing at patterns implies quickly spotting the trend or the big picture, with a corresponding bias of ââ¬Å"Outguessing randomnessâ⬠and seeing patterns that doesnââ¬â¢t exist. The last example Recall ability or Availability which implies, if an idea doesnââ¬â¢t fit in with the obvious data, itââ¬â¢s surely suspect. The corresponding bias for this is, non-obvious things can be most important or even most common. These examples of Heuristics are common in everyday life, and these rules of thumb do help in assessing situations such as deals in business, economics, or day to day domestic problems. It is common knowledge that these Heuristics can fail predictably, which are also known as ââ¬Å"hidden trapsâ⬠when a person succumbs to the counterpart bias. It is already a given that Heuristics bring about inconsistencies and biases, but there are some methods of control. For example, for the Heuristic Framing, advice is to not automatically accept initial framing, strive for objective neutral framing, and challenge other peopleââ¬â¢s framings. These are remedies to biased formed Heuristics, which will generally help in problem solving, whichever stage of the problem the person is at.
Tuesday, January 21, 2020
Animal Farm vs. The Godfather :: compare contrast
Animal Farm vs. The Godfather George Orwell and Mario Puzo wrote Animal Farm and ââ¬Å"The Godfatherâ⬠(from the book The Godfather), respectively, to express their disillusionment with society and human nature. Animal Farm, written in 1944, is a book that tells the animal fable of a farm in which the farm animals revolt against their human masters. It is an example of social criticism in literature in which Orwell satirized the events in Russia after the Bolshevik Revolution. He anthropomorphizes the animals, and eludes each one to a counter part in Russian history. The movie ââ¬Å"The Godfatherâ⬠, directed by Francis Ford Coppula, also typifies this kind of literature. Besides the central theme of mob life, is another prevalent theme, that of a revolution gone bad. He shows us that, unfortunately, human nature causes us to be vengeful and, for some of us, overly ambitious. Both of these works are similar in that both describe how, even with the best of intentions, our ambitions get the best of us. Both of the authors also demonstrate that violence and the Machiavellian attitude of ââ¬Å"the ends justifying the meansâ⬠are deplorable. George Orwell wrote Animal Farm, ââ¬Å"â⬠¦ to discredit the Soviet system by showing its inhumanity and its back-sliding from ideals [he] valuedâ⬠¦Ã¢â¬ (Gardner, 106) Orwell noted, ââ¬Å"there exists in England almost no literature of disillusionment with the Soviet Union.ââ¬â¢ Instead, that country is viewed either with ignorant disapprovalââ¬â¢ or with uncritical admiration.ââ¬â¢Ã¢â¬ (Orwell, 10) The other animals take this utopian idea to heart, and one day actually do revolt and drive the humans out. Two pigs emerge as leaders: Napoleon and Snowball. They constantly argued, but one day, due to a difference over plans to build a windmill, Napoleon exiled Snowball. Almost immediately, Napoleon established a totalitarian government. Soon, the pigs began to get special favors, until finally, they were indistinguishable from humans to the other animals. Immediately the reader can begin to draw parallels between the bookââ¬â¢s characters and the government in 1914-1944 Russia. For example, Old Major, who invented the idea of ââ¬Å"animalism,â⬠is seen as representing Karl Marx, the creator of communism. Snowball represents Trotksy, a Russian leader after the revolution. He was driven out by Napoleon, who represents Stalin, the most powerful figure in the country. Napoleon then proceeded to remove the freedoms of the animals, and established a dictatorship, under the public veil of ââ¬Å"animalism.
Monday, January 13, 2020
Brainology Essay Essay
Carol S. Dweck wrote an article talking about transforming studentââ¬â¢s motivation to learn. In the article, he states that there are two types of mindsets; the fixed mindset and the growth mindset. Dweck describes the fixed mindset as students who worry about how much the intelligence they posse is fixed, whereas students believe that the growth mindset is potential intelligence that can be learned. He explains that confronting challenges, profiting from mistakes, and dealing with setbacks is a way of becoming smarter. Dweck talks about how in the 1990s parents and schools felt that the most important thing or students was self-esteem. They felt that if students felt good about themselves then they would be good and successful in life. Dweck also talks about students being praised for their intelligence vs. being praised for their effort. At the end of the article, Carlos discuss how our society worships talent and how our talent is portrayed as a gift. He explains how worshiping talent was not motivating to our students. After reading this article, Iââ¬â¢ve learned that itââ¬â¢s better to have a growth mindset because the more I challenge myself to grow with intelligence the more chances I will have of becoming successful. I always knew that it was important to learn and never give up but I never took it serious. I now see the importance of never giving up. I feel like now I can motivate myself to keep going no matter how tough things get and to always accept in any challenge in my classes because thatââ¬â¢s the only way I can really enhance my intelligence. Also after reading this article, I see the importance of being praised for my hard work and effort rather than my talents.
Sunday, January 5, 2020
Technology And Its Effect On Students - 2001 Words
Introduction The subject of technology has become something of relevance because of the facilitated access that the student population to new technologies. Technology is integrated into many different activities, when looking at the student population it seen that the Internet is commonly used for research to obtain information. The integration of technology into learning environments is something that is commonly seen. The use of technology in schools such as computers and smartphones on a daily basis has become common for many different reasons, such as communication and educational purposes. Research has shown that technology, specifically computers and smartphones, can improve young adults academic outcome through technology incorporation into the learning environment. The use of other types of technology including softwareââ¬â¢s, Type II applications of information technology, and other tools could also be useful incorporations in young adults education. These types of technology allow online education; they create interaction between students and teachers. They have also allowed universities and colleges to offer online degrees. These tools, software and Type II applications, are available on computers and are accessible to anyone since they are often free to download. The integration of technology and teachers capable of understanding and educating students about the technology, as well a s technological tools in classrooms are crucial in order to advance young adultShow MoreRelatedTechnology And Its Effect On Students881 Words à |à 4 PagesOver the past decade leading edge advancements in technology have brought many new ways for students to learn. All the hours in a day that young kids, teenagers, and even adults spend using some sort of technology device, it opens a whole new dimension of learning methods. Although technology has brought up concerns of whether it is really benefiting students or taking focus away from their studies. ââ¬Å"What weââ¬â¢re labeling as ââ¬Ëdistraction,ââ¬â¢ some see as a failure of adults to see how these kids processRead MoreTechnology And Its Effect On Students Essay1426 Words à |à 6 PagesTechnology, in and of itself, is great. Whether the technology is a computer or a smartphone, it is helpful to have. Now students do not have to rifle through multiple encyclopedias trying to find information; they can quickly sear ch something up via the internet. It has made getting information easier than ever. With that being said, there are positives and negatives in technology, which will be explored. Technology, especially devices that can connect to the internet, when used correctly, is aRead MoreEssay on The Effects of Technology on Students855 Words à |à 4 PagesThe Effects of Technology on Students Change is constant. Though one may not be able to see the change, one can look back through the course of a year or maybe even a few months and see the change. Technology has transformed with our culture. There are many benefits for students with the new advancements of technology. Teachers have seen many of these benefits with the influence of technology on their students. Many students find a sense of accomplishment when working with technologyRead MoreThe Effect of Technology on Student Learning Essay664 Words à |à 3 Pagesand more technology oriented. Many classrooms are embracing new technology and using it in the context of the classroom. There are many education-based games that are designed specifically for electronic devices to aid in teaching children. ââ¬Å"Storytime Using iPods: Using Technology to Reach all Learnersâ⬠by Boeglin-Quintana and Donavan and ââ¬Å"A Tablet Computer for Young Children? Exploring Its Viability for Early Childhood Educationâ⬠by Couse and Chen are two studies that explored the effect of technologyRead MoreEffects of Modern Technology Among Students3801 Words à |à 16 Pagesdigitization of social and economic life it has become a very important need of skilful and flexible use of ever more sophisticated tools and technologies. At once, thanks to modern technologies, acquisition of knowledge, skills and qualifications has become faster, easier and more efficient. In this paper it has been made an aim to estimate the use of modern technologies, in particular internet, such as: amplified reality, videoconferences online in real time, strategic games, social networking sitesRead MoreThe Effects Of Technology On Students Attitudes Education Essay1995 Words à |à 8 PagesTechnology Has Positive Effects On Students Attitudes Education Technology has evolved and grown rapidly. This is the reason why technology plays a major role in modern life that affects all the aspect of human activities. Therefore, our societies get a lot of benefits from modern technology. Universities and colleges for example have so many facilities. Such as labs with sophisticated computer devices, internet connections with high speed, projectors and smart boards. Using these developed toolsRead MoreEffects of Modern Technology to Learning Habits of the Students1471 Words à |à 6 Pagesââ¬Å"A STUDY ON THE EFFECTS OF MODERN TECHNOLOGY TO STUDENTSâ⬠A Research Paper Submitted to: Professor Rhona Theresa S. Sambrano, M.A.T School of Medical Laboratory Science Far Eastern University Dr. Nicanor Reyes Medical Foundation In Partial Fulfilment of the requirements for English 2 Albarico, Karl Marco S. Lim, Patrick Joseph C. March 2016 APPROVAL SHEET The research paper entitled ââ¬Å"A STUDY ON THE EFFECTS OF MODERN TECHNOLOGYâ⬠; prepared and submitted by Patrick Joseph C. LimRead MoreThe Effect Of Technology On Students Enthusiasm For Learning Science821 Words à |à 4 Pagesnowadays technology is being used in the classroomâ⬠(Daniel, 2011). Students learning with technology. ââ¬Å"The effect of technology on studentsââ¬â¢ enthusiasm for learning science (both at school and away from school) was investigatedâ⬠(Hollis, 1995). It will foster a great learning experience for the students. ââ¬Å"Enthusiasm for learning science can be defined as the studentsââ¬â¢ eagerness to participate in science activities in the classroom, as well as away from schoolâ⬠(Hollis, 1995). Using technology toRead MoreThe Effects Of Technology On Classroom Practices And Student Outcomes1564 Words à |à 7 Pagesparticipants should be ensured at all times and the research should be conducted in an ethical manner (Na tional Health and Medical Research Council, 2015, p.5). In the aforementioned research, studying the effects the investment of technology throughout their school was having on classroom practices and student outcomes ââ¬â specifically in mathematics and science teaching, many ethical considerations must be taken into account. Researchers must have received the appropriate consent from all stakeholders, ensuredRead MoreThe Effect of Modern Lifestyle (Technology) on Student Productivity3992 Words à |à 16 PagesTOPIC: THE EFFECT OF MODERN LIFESTYLE (TECHNOLOGY) ON STUDENT PRODUCTIVITY 1.0 INTRODUCTION 1.1 Background of study Over the past few decades, technology has been drastically changing the way our society functions. The current generation is becoming completely dependent on new technologies. According to ââ¬Å"Peter H. Martorella ââ¬â 1997â⬠Technology has opened the world of communication in a way before inexperienced. It also allows for more tasks to be completed in less time. In essence, technology has made
Saturday, December 28, 2019
Jonathan Swift Rhetorical Analysis - 1031 Words
In 1729 in Dublin, Ireland, preposterous yet devoted Jonathan Swift presents to the people of Ireland and England an absurd plan that will achieve the ending of the Irish mans poverty, in doing so the people of Ireland will have to make the ultimate sacrifice by choosing to feast upon ââ¬Å"a young healthy child well nursedâ⬠because they will certainly make a ââ¬Å"nourishing mealâ⬠; Jonathanââ¬â¢s satire proposes the idea of cannibalism to decrease the starvation, Swift hopes to bring awareness to the inequality the Irish are facing by using appeals to logic, credibility, and emotion. First and foremost, Swift starts off with an appeal to logic. Swift starts by criticising the kingdom for example ââ¬Å"I think it is agreed by all parties, that thisâ⬠¦show more contentâ⬠¦Swift soon becomes a credible resource because Jonathan did the math and research to back up the essay, Swift goes on to explain that ââ¬Å"I calculate there may be about two hundred thousan d couple whose wives are breeders.â⬠Jonathan Swift soon gets even more technical by calculating the amount of wives there are from one million and a half people. With this information Jonathan Swift can quickly pinpoint the amount of women who can give birth or as Swift describes it ââ¬Å"breed.â⬠Swift then moves back into the same math equation to ââ¬Å"subtract thirty thousand couple, who are able to maintain their own children...but this being granted, there will remain a hundred and seventy thousand breeders.â⬠This example only proves that Swift is only offering statistical evidence to make the statement more dependable. Another example of the text that might come into play that would be considered reliable would be from the sensory imagery side of the text. For example ââ¬Å"A young healthy child well nursed, is, at a year old, a most delicious nourishing and wholesome food, whether stewed, roasted, baked, or boiled; and I make no doubt that it will equally serve in a fricasie, orShow MoreRelatedJonathan Swift Rhetorical Analysis706 Words à |à 3 Pagesthe problem. One man, Jonathan Swift, believed that he had found the solution to the problem. His plan was to take children of these impoverished families and use them as a new food source. One would simply kill the child and then prepare it in whatever they choose. Although his method was satirical, he provided enough logic and reasoning to make this idea a possibility. Thus, Jonathan Swiftââ¬â¢s plan of eating children to save money and fix the economy is a potential plan. Swift is very persuasive andRead MoreJonathan Swift Rhetorical Analysis1051 Words à |à 5 Pages1729 in Dublin Ireland, preposterous yet devoted Jonathan Swift presents to the people of Ireland and England an absurd plan that will achieve the ending of the Irish mans poverty, in doing so the people of Ireland will have to make the ultimate sacrifice by choosing to feast upon ââ¬Å"a young healthy child well nursedâ⬠because they will certainly make a ââ¬Å"nourishing mealâ⬠; Jonathanââ¬â¢s satire proposes the idea of cannibalism to decrease the starvation, Swift hopes to bring awareness to the the inequalityRead MoreRhetorical Analysis Of A Modest Proposal By Jonathan Swift854 Words à |à 4 PagesA Modest Proposalâ⬠is an essay by Jonathan Swift that gives some type of a solution to the hunger problem in Ireland. Swift espouse an ironic approach that guarantee a surprise ending. At the beginning of the essay, he cornerstones his proposal that will be good for the public and diminish economic troubles. The proposal that Swift advances concerns the selling of poor Irish children to the rich, so that they could suffice as food. In addition, he points out that this will ease the pressures on theRead MoreEssay on Rhetorical Analysis of a Modest Proposal by Jonathan Swift639 Words à |à 3 PagesJohnathan Swift wrote Modest Proposal with the idea to better humanity.. When you first read it you miss what the true message is. You think ââ¬Å"Man this guy is a monster!â⬠or ââ¬Å"Heââ¬â¢s sick!â⬠, but once you reach the end the true meaning of the proposal hits you. When Jonathan Swift wrote a Modest Proposal he tried to get his audience to see the problem by taking it and providing an unethical and inhumane solution then using rhetorical devices to bring out peopleââ¬â¢s emotions. Of the many devices he usedRead MoreEffective Persuasive Techniques Used By John Donne s `` The Flea ``1480 Words à |à 6 PagesEffective Argument Techniques Effective argumentative and persuasive techniques are a course of reasoning aimed at validating or falsifying the truth in an argument. With an in-depth analysis of literature, the perplex intentions of a writer that use such techniques can be revealed. Methods such as logical fallacies, rhetorical devices, and satirical devices are three approaches that construct a piece of work on a more compelling level. Behind these elements of writing, there are a multitude of purposesRead MoreRhetorical Analysis Of A Modest Proposal722 Words à |à 3 PagesA Modest Rhetorical Analysis Since its original publishing in 1729, Jonathan Swiftââ¬â¢s pamphlet ââ¬Å"A Modest Proposalâ⬠has endured for its rhetorical complexity (and sheer satirical absurdities). Through judicious use of ethos (ethical appeal), logos (logical appeal), and pathos (emotional appeal), Swift crafts a sarcastic, insincere, overly embellished argument to address Irelands food shortage and economic crisis meant to simultaneously entice and repulse readers. His audience is explicitly asked toRead MoreThe Shock Factor of A Modest Proposal by by Johnathan Swift 789 Words à |à 3 PagesRhetorical Analysis of ââ¬Å"A Modest Proposalâ⬠ââ¬Å"A Modest Proposalâ⬠by Johnathan Swift was intended to use shock factor as incentive to get the British Parliament to come up with a workable plan to deal with the multitude of poor children in Ireland (Swift). If logic is applied to the proposal, ignoring the fact that the proposal was not meant to be taken seriously and the blatant sometimes over-the-top sarcasm occasionally used, several parts of it would cause an uproar and quite possibly a revolutionRead MoreNotes On Reading : Https1593 Words à |à 7 Pagesbased on specific questions from below and/or questions using your answers for deeper analysis. We will then further discuss this piece of writing. How does Swift want the reader to view the speaker? What features best describe the ââ¬Å"personaâ⬠he adopts? Give examples from the text. Jonathan Swift wants the readers to view him as a pragmatic and heartless realist who has found a solution to a serious issue. Swift used sophisticated diction to list seemingly sensible reasons as to why his horrifyingRead MoreJonathan Swift s A Modest Proposal1809 Words à |à 8 PagesJonathan Swiftââ¬â¢s A Modest Proposal is a satirical essay that sardonically uses an outrageous solution to the massive poverty in Ireland. He proposes this lengthy idea of eating children as the solution to the societyââ¬â¢s problems. His serious yet hyperbolic and satirical style allows Swift an approach to get people engaged in the difficulties the Irish had to do to survive their everyday life. This essay explores Swiftââ¬â¢s ability to use literary devices and how these techniques advance his idea aboutRead MoreA Good Fat Child1774 Words à |à 8 Pagesunemployment in Ireland, giving the Irish economy a much needed boost, while making it easier for England to deal with its unruly Iris h subjects. Swift uses this outrageous concept of selling children as food to deliver a message. One of the most impacting satirical methods Swift utilizes is the statistical analysis he provides in an effort to enhance his satire. Swift goes on to offer statistical support for his proposal and specific data about the number of children to be sold, their weight and price- ââ¬Å"I
Friday, December 20, 2019
Decision Theory a Brief Introduction - 28334 Words
Decision Theory A Brief Introduction 1994-08-19 Minor revisions 2005-08-23 Sven Ove Hansson Department of Philosophy and the History of Technology Royal Institute of Technology (KTH) Stockholm 1 Contents Preface ..........................................................................................................4 1. What is decision theory? ..........................................................................5 1.1 Theoretical questions about decisions .........................................5 1.2 A truly interdisciplinary subject...................................................6 1.3 Normative and descriptive theories..............................................6 1.4 Outline of the followingâ⬠¦show more contentâ⬠¦The demarcation of decisions.................................................................68 10.1 Unfinished list of alternatives ....................................................68 10.2 Indeterminate decision horizons ................................................69 11. Decision instability.................................................................................73 11.1 Conditionalized EU................................................... .................73 11.2 Newcomb s paradox ...................................................................74 11.3 Instability....................................................................................76 12. Social decision theory.............................................................................79 12.1 The basic insight ........................................................................79 12.2 Arrow s theorem .........................................................................81 References ....................................................................................................82 3 Preface This text is a non-technical overview of modern decision theory. It is intended for university students with no previous acquaintance with the subject, and was primarily written for the participants of a course on risk analysis at Uppsala University in 1994. Some of the chaptersShow MoreRelatedThe Financing Process Of Tech Startups974 Words à |à 4 Pages Ã¢â¬Æ' Table of content Abstract Page 3 Section 1: Introduction Page 4 - 5 Section 2: Brief introduction of business finance theories Page 5 - 7 Section 3: Tech startups funding resources Page 7 - 13 Section 4: Research hypotheses and proposed study Page 13 - 15 Section 5: conclusion Page 15 - 16 Section 6: Template of Proposed Survey Page 16 - 20 Section 7: References Read MorePositive vs Normative Accounting Theory Essay1032 Words à |à 5 PagesEssay Guideline (brief simple short essay - example only to assist with planning) TOPIC: Discuss positive accounting theory and contrast it with normative accounting theory. Provide examples where appropriate. à à The purpose of this essay is to provide an overview of positive accounting theory (PAT) and highlight how this theory differs to normative accounting theory. Definitions and assumptions of both theories will be considered and examples of the theories will be provided. In additionRead MoreA Study On The University s Program1013 Words à |à 5 PagesIntroduction In the Northcentral Universityââ¬â¢s (NCU) concept paper template, in the introduction part, it contains of (a) the presentation, (b) the issuesââ¬â¢ statement, (c) the motivation behind the study, (d) the research inquiries, and (e) the speculations (Concept Paper: Template (CPT), 2013). While the presentation and the issue explanation do no consider the examination outline, the once more, (a) the reason proclamation, (b) the research inquiries, and (d) the theories do (CPT, 2013). TheRead MoreCompare and Contrast the Classical and Positivist School of Criminology872 Words à |à 4 PagesCompare and contrast the ideas of Classical criminologist (e.g. Beccaria and Bentham) with those of the early Positivist (e.g. Lombroso, Ferri Garofolo). Introduction During the mid to late seventeenth century explanations of crime and punishment were embraced by many philosophers Thomas Hobbs (1588-1679), John Locke (1632-1704), and Jean-Jacques Rousseau (1712-1778) and such theorist as Beccaria (1738), an Italian who was highly recognised by his great success through his essay ââ¬â¢Dei delittiRead MoreUrban Planning History Essay1662 Words à |à 7 Pagesthroughout urban planning history which have influenced the way that planning theory is shaped and thought. Combined Modernist and Neoliberal planning theories have influenced the erection of a vast amount of planning project that have left an imprint on the way that urban planning is practiced today. In this paper, I will begin by describing the components of modernist and neoliberal planning practices. Then, I will outline a brief history of the project and explain how the Los Angeles South Central FarmRead MoreLeadership Theory And Practice By Peter Northouse810 Words à |à 4 PagesWk6A ssgnJLayman: Servant Leadership Walden University Ph.D. Public Policy and Administration Ã¢â¬Æ' Introduction This is an introduction to the Servant Leadership Questionnnaire or SLQ, introduced in Chapter 10 of the textbook ââ¬Å"Leadership: Theory and Practiceâ⬠by Peter Northouse (Northouse, 2016). The questionnaires were designed, to evaluate leadership styles (Northouse, 2016). The following is a brief summary of the resulting scores of the questionnaire which are tallied in categories representingRead MoreThe Use Of Adaptive Pressure On Our Memory1485 Words à |à 6 Pagesword in question. Its important to consider these levels, since research has shown that deeper levels of processing produce higher levels of recall ability. Perhaps, suggesting that deeper levels of processing serve as affective memory mnemonics INTRODUCTION AND METHOD 3 (Craik and Tulving 1975). Many memory researchers have studied these levels of processing, in a variety of experiments. Craik and Tulving (1975), performed an experiment in which they aimed to study whether the levelRead MoreUnderstand Leadership Styles Essay1267 Words à |à 6 Pagesstudies stem back as far as the mid 19th century with the ââ¬Å"Great man theoryâ⬠, just as the title suggests the theory implies that only men hold the characteristics to become leaders and assumes that the traits are intrinsic or rather that leaders are born. Much later studies such as Tannenbaum Schmidtââ¬â¢s Continuum looked at the balance between the use of authority by the leader and how much input the employee has in the decision making process, their studies categorize in to three main styles beingRead MoreThe Nursing Theory Of Interpersonal Relations1731 Words à |à 7 Pages NURSING THEORIST HILDEGARD PEPLAU Name of theorist and briefly describe the theory in your own words. Hildegard Peplauââ¬â¢s nursing theory of Interpersonal Relations is the second nursing theory in the history of nursing. Hildegard Peplau was the first published theorist since Florence Nightingale, she was born on September 1, 1909 and lived until March 17, 1999. She was raised in Reading mPA by her parents. In 1918 the devastating flu epidemic greatly influenced her understanding of the impactRead MoreArgument of Hr1723 Words à |à 7 PagesArgument of HR 1. Executive Summary This paper explores the deficiencies of the two briefs which are ââ¬Å"Anyone can do HRâ⬠and ââ¬Å"HR focuses on costs which must be controlledâ⬠. Obviously, these two briefs are one-sided. He can not fully understand the important position in the development of a enterprise. In modern times, HR has been promoted to a high degree of enterprise development strategies and plays more and more important roles in the development of enterprises. In the modern business management
Wednesday, December 11, 2019
Leadership Case Studies for Greenwood Publishing- myassignmenthelp
Question: Discuss about theLeadership Case Studies for Greenwood Publishing Group. Answer: Introduction Leadership could simply be defined as the ability to inspire others and be prepared to do so. This entails creating a clear vision, sharing the vision with others for them to follow willingly, providing knowledge and information to achieve the vision through coordination and balance of conflict interest of all members and stakeholders in the organization. Most countries, businesses enterprises, companies and even families come to stand tall because of good leaders and leadership qualities. Therefore, leadership is a crucial aspect for the growth of an individual, business, state or nation.(Gallos, 2008, p. 22). This paper utilizes several studies to explore how effective leadership can contribute to the organization success. Jimmys Leadership Characteristics Jimmy has been able to portray various leadership styles as exhibited in the case study. To start with, Jimmy is a responsible leader. He enjoyed being a leader and taking responsibility for his actions as well as those of his team. He has control of his work as the submarine officer Ensign Badger, and he is aware that mistakes in the submarine could lead to destructive consequences for hundreds of people. In his service as a store manager at a medium sized store in the chain, Jimmy also assures his juniors of his support and his willingness to listen to their problems and his work was also recommended highly by his superiors. Ideally, a leader should be supportive to his team as well as providing it with the right and reliable direction for the achievement of the organizational set goals and objectives(Rost, 2013, p. 36). Badger is also democratic. He respects the opinions of his juniors in the home improvement stores and even seeks to know their opinions and suggestions on how to make the store one of the highest performing units in the company. He also promises to inform them of any troubles that he will observe, and this is evidence that he respects the opinions of his subordinates. A good leader should involve his team in the decision making process. This helps in arriving at decisions that all the members feel they are part of them. It is crucial for Jimmy to modify his leadership approach because even though he is a good leader, there are still complaints from the people he leads and this is not good for a leader. He has to learn that people have different abilities and everyone can do things differently. Therefore, he should lower his high expatiations on his workers, and he has to reduce his expectations of perfection. Even one of his workers, a senior officer once told him to be a little more patient with the young sailors. Based on the observation of the Jimmys reactions towards the less experienced employees in the organization it is evident that he is a bit impatient and therefore, he should learn patience skills. a) The home- improvement store is hiring ex-military officers for management because these people understand the concept of responsibility, are experienced and therefore, they are likely to perform better than others. They have gone through difficulties and trials that most people have not. The exposures that ex-military officers go through prepares them on how to become responsible individuals who can carry out duties successfully. The former ex-military officers are also people who will make sure the work done. For example, they have in-built leadership talents, and they come from previous cultures that equips them with mission accomplishment in their mind. Therefore, organization relying on the ex-military officers are assured of success. b) Former military officers are attributed to traits such as being hardworking, responsible, intellect, go-getters and people who can thrive under any conditions. These attributes are important in the management of any business opportunity, and with the ex-military being in management, there are higher chances of gaining success. Based on these attributes, the organization is justified to rely on the services of the ex-military officers. c) The hardware chain risks some factors in employing ex-military officers. Military people are used to achieving perfection and getting missions done. Therefore, there are possibilities that they will put a lot of pressure to workers and this will not work well for especially for the less experienced or newly employed workers. Ex-militaries are also extremely independent people, and they could go to different directions randomly when they lack adequate guidance. This military approach like could work negatively for the hardware chain team since they can make important decisions without consultations. Case Study 2 Julia had chosen the right style to lead the individual managers in her team by holding weekly meetings to conduct her annual performance reviews. She had also allowed Laura, the regional general manager to visit the government bond group and hold a few casual conversations with the managers. Julia leadership style was largely embedded in the effective communication. For Julia to be an effective leader, she needs to create a good rapport with the supervisors who are under her and create good contact with them. The first manager states that Julia was a micro-manager as opposed to being a micromanager. She had minimal contact with the supervisors and cared less about what was happening. Julia herself tells Laura that she believes in management by exception and shuns from getting involved in the managers' work conduct. Julias strategy is not effective since good leadership calls for the good relations between leaders and subordinates for the work to be productive. Good communication in any organization is also crucial for effective leadership. If Julia had established good communication mechanisms between her and the supervisors, it would be have been easier for her to hear their opinions and complaints which could even be solved without having to involving Laura, the regional general manager. The fourth manager says he does not even remember much about Julia and goes ahead to point out that he does not care about his comments concerning her. All the misunderstandings could have been solved if Julia had embraced the culture of effective communication between her and her subordinates. Julia also has to create time for her managers. The third manager acknowledges her as being a great manager and a talented person that they could learn from. However, the supervisor goes on to highlight that she is more involved in higher level management than she is with the managers yet her coaching styles could be of great use to other new managers. Julia Thompson should, therefore, create time for her managers to guide them on different aspects and also get to understand their opinions, challenges and other problems they face in their lines of work. With adaption of these suggestions Julia will be a great manager who can be looked upon as the role model by all employees in the organization. For Laura to support Julia to be a more effective leader, she has to advise Julia to change her leadership tactics. She has to create a good communication base between her and her employees since the key to success in any organization. Julia also has to be advised about being responsive to the groups needs. She has to be perspective about the encounters of the group. It is easier to build a strong team when the values and goals of each are known. She also has to motivate her team of managers by issuing guidance and not commands so that they can be inspired to greater heights in their lines of duty. Laura is the regional general manager who was warranted to ask Julia for the direct information about her approaches to leadership. It is important to ask the managers serving under Julias management because they are they are likely to provide convincing results than Julia can do herself. It is a bit hard to evaluate someone performance based on his or opinions because they is a probability that he or she will lay emphasis on her strengths and avoid the weaknesses. Therefore, it is doubtful that Julia's report could have covered all the issues affecting the managers. This calls for Laura to get down to the managers working and Julias management because they were ones directly affected by the Julias leadership approaches. Therefore, Laura was justified to ask reports from both Julia and the managers under her management. This could have helped to resolve the bias that the two reports are likely to portray. Conclusion Following the above case studies, it is important for leaders, especially in companies and organizations to put several factors such as communication, being responsible, motivation to their workers and reducing their high expectations towards the workers. This will be able to create a conducive working environment for the workers and the output produced will be very high. References Gallos, J., 2008. Business Leadership. 2,illustrated,reprint ed. s.l.:John Wiley and Sons,2008. Rost, J. C., 2013. Leadership For The Twenty-First Century. reprint,revised ed. California: Greenwood Publishing Group,2013.
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