Factors Impacting Decision Making And Indecision - 2659 Words

Factors Impacting Decision Making and Indecision Amy Hines University of Minnesota Abstract This is a discussion on the dynamics of decision making and indecision and their impacts. It offers an overview in decision theory and its evolution through decision frameworks that have been analyzed and developed to accommodate the ever-changing individual and environment. This is a comprehensive look at the underlying influences on the decision making process. It reaches the span across different specialties from biological to personality. Within those areas it addresses a variety of psychological processes, positive and negatives, through to career focused decision theories and impacts on the individual. The important aspect†¦show more content†¦The aspects that will be discussed in the following will assess the background of decision theory, frameworks of decision and action, factors that influence and difficulties when faced with the indecisiveness. Understanding the decision making frameworks, factors such as genetic makeup, personality, environmental and emotional impacts that influence our decisions will provide insight on counseling strategies, preventative or institutional development. The process an individual goes through to make a decision is a complicated one. Deciphering the system one needs to look at where the theories started and how they evolved. The expected utility theory (EU theory) otherwise known as the Decision Theory that is essentially weighing the options and determine the maximum value (compensatory) under the assumption an individual is a rational being. The possibility of loss can be compensated by a potential large gain (Busemeyer 2015). It evolved to add inclusions for rank dependent utility (RDU) to compensate for the violation of the independence axiom or rule that originated in the EU theory. The independence axiom or contingency is best understood as the third option that is presented independent to the first two, but does not influence the order of preference that was established prior to the introduction of the third

Us And Japan Business A Culture Of Progress - 1575 Words

US and Japan Business: A Culture in Progress While many of the world’s economic powers seem similar, there is no doubt there are some very key differences. Many of these differences can be attributed to cultural differences within each of the countries. While many of these countries work together in global business efforts, cultural differences would certainly have a significant impact on management style, leadership and even work ethic of the employees. The United States and Japan are both strong economic powers that hold to a capitalistic economic system. Their management styles, however, are very different. This can often be explained through the differences in culture and management or leadership styles. Over the years, the two†¦show more content†¦Lower power distance scores reflect more equal or flat environment where management and employees are considered equals. US versus Japan In Hofstede’s model, the United States and Japan rank very similarly in Power Distance. The US ranks just a bit lower than Japan, at 40. This means most decision making and responsibility in the US come directly from the leaders, with some input from the employees. In Japan, the power distance dimension is ranked a bit higher 54. This may be because in Japan, decision making is subject to a number of levels of peer review and scrutiny before it is approved. Given the close ranking, work relationships between a US company and Japan company should fare well with regard to Power Distance. Some clarity and upfront discussion of who is responsible for decision making would allow this relationship to be effective. Individualism – Collectivism This dimension is described by Hofstede (1980, 2001) as the framework where society decides if they are closely related to their group or if they are more individualistic. Does the individual come first? Or does the team? In more individualist countries, focus is on the individuals interest and needs, value is placed on the person specifically, individuals are awarded for their efforts (i.e. leaders take credit for

Confucianism In a Nut Shell Free Essays

Confucianism does not have any particular belief(s) about after life. It only focuses on the earthly life, and specifically puts emphasis on cleaving Harmony. In fact, followers of Confucianism ultimate goal Is social harmony; meaning, they must know their place in the social order. We will write a custom essay sample on Confucianism In a Nut Shell or any similar topic only for you Order Now In finding this (their place in the social order), they are guided by the 1) Five cardinal relations a. Ruler and subject b. Father and son c. Cubans and wife d. Elder and younger brother e. Friend to friend; and their 2) Five virtues a. Rene or humaneness; the quality of compassion for others, (may include both people and animals). Key concepts of Rene are love, mercy, and humanity. B. Yell or honesty and righteousness. C. Lie or propriety and correct behavior. D. Chi or wisdom or knowledge. E. Sin or fidelity and sincerity. [2 3] Also, Confucianism greatly believes that the center of everything is their family, and that it comes before the individual person. They do not necessarily ignore the Seibel existence of gods; it is Just that in their system, a divine being does not have any significant role in their lives. Its philosophy is man centered and relies in self- effort (In terms of Improving oneself or solving everyday problems. ) As Confucius stated, â€Å"To devote oneself earnestly to one’s duty to humanity, and while respecting the splats, to keep aloof from them, may be called wisdom. How to cite Confucianism In a Nut Shell, Papers

The Catcher In The Rye Essay Example For Students

The Catcher In The Rye Essay I swear to God Im crazy. I admit it. It is very easy to automatically assume that Holden Caulfield is crazy. Its even a logical assumption since Caulfield himself admits to being crazy twice throughout the course of the book. However, calling Holden Caulfield crazy is almost the same as calling the majority of the human race crazy also. Holden Caulfield is just an adolescent trying to prevent himself from turning into what he despises the most, a phony. Most of Caulfields actions and thoughts are the same as of many people, the difference being that Holden acts upon those thoughts and has them down in writing. Holden Caulfield is a teenager growing up in New York in the 1950s. He has been expelled from school for poor achievement and was flunking four subjects and not applying myself and all. He decides to leave school a few days than what he is supposed to in an attempt to deal with his current situation. Besides, I sort of needed a little vacation. My nerves were shot. They really were. Caulfield goes to New York to take a vacation before having to face his parents inevitable wrath. During this time, he experiences a nervous breakdown that was characterized by his sudden unexplained depressions. What I really felt like, though, was committing suicide. I felt so lonesome, all of a sudden. Before his eventual nervous collapse he experienced impulsive spending and generally odd, erratic behavior. All I had was three singles and five quarters and a nickel left boy, I spent a fortune since I left Pencey. Then what I did, I went down near the lagoon and I sort of skipped the quarters and the nickel across it, where it wasnt frozen. About halfway to the bathroom, I sort of started pretending I had a bullet in my guts. During Caulfields psychological battle, life continues around him. His condition is being ignored which arises the thought whether society chooses to ignore the emptiness that can be shown in humans. ..but people never notice. People never notice anything. As Caulfields condition deteriorates, he declares the world is full of phonies and that people are out there for their own gain. He is aware that most people are phonies but is not as critical of them towards the end. One aspect of Holdens personality is his criticism toward the phony things in society. Holden considers the movies and anything having to do with it phony, including theatrical performances. I dont like any shows very much, if you want to know the truth. Theyre not as bad as movies, but theyre certainly nothing to rave about. In the first place, I hate actors. They never act like people. They just think they do. Some of the good ones do, in a very slight way, but not in a way thats fun to watch. And if any actors good, you can always tell he knows hes good, and that spoils itIf an actor acts it out, I hardly listen. I keep worrying about whether hes going to do something phony every minute. He finds the theater phony because instead of demonstrating reality as it is, the emphasis is placed on polishing it theatrically. Holden feels anger towards his brother because hes out in Hollywood, D.B., being a prostitute. He considered that D.B. was selling himself to Hollywood, which is why h e called D.B. a prostitute. He considers the movies phony and hates them so much that I dont think I could ever do it with somebody that sits in a stupid movie all day long when Sunny the prostitute was in his room. When he dances with Bernice Crabs/Krebs, he considers her a moron partially because she was on the lookout for actors at the bar because she had seen an actor the previous night. Also, it depressed him that they were planning on waking up early the next day to see the first show at Radio City Music Hall. Holdens criticism towards the phony things in society is the most important part of his personality because it shows that for him it is very important to be real and honest and not

Prc Social Security Scheme Essays - Economy, Money, Finance

Prc Social Security Scheme PRC Social Security Scheme Major Characteristic of PRC Social Security Scheme - Only applicable to Chinese local employees - Local requirements may vary from locality to locality. Structure of Social Security Scheme - Pension - Unemployment Insurance - Medical Insurance - Housing National Requirement - Pension ?Decisions of the State Council Concerning the Establishment of a Unified System of Basic Old-age Insurance for Staff and Workers of Enterprises?(July 16, 1997) Structure of the Basic Pension Scheme - Requires mandatory participation by enterprises and employees; - Comprises 2 elements: a. Basic Pension Pooling Account b. Basic Pension Individual Account Enterprise Contribution - Maximum contribution of 20% of the total wages of the enterprises in general unless approved by Labour Bureau and Ministry of Finance. - For a foreign investment enterprise, the total wages only cover Chinese local employees' wages. - Among the 20% contribution: a. start at 7% of employee salary in 1997, to be gradually reduced to 3%, for contribution into the Basic Pension Individual Account b. 13% to 17% goes to Basic Pension Pooling Account Employee Contribution - Start at 4% of employee salary in 1997, to be gradually increased to 8% - Contribution goes to Basic Pension Individual Account National Requirement ? Unemployment Insurance ?Unemployment Insurance Regulation ? issued by State Council on January 22, 1999. Mandatory participants - Requires mandatory participation by enterprises and employees; - ?Enterprise? refers to ?Urban enterprises and institutions?, including: a. State-owned enterprises; b. Urban collective enterprises; c. Foreign investment enterprises; d. Urban private enterprises; and e. Other urban enteprises - ?Employee? refers to ?Staff and workers of urban enterprises and institution? Contribution - Employer contribution - 2% of the total wages of the enterprises; - Employee contribution - 1% of the employee's wage National Requirement ? Medical Insurance ?Decisions of the State Council Concerning the Establishment of a Basic Medical Insurance System for Urban Staff and Workers ? issued by State Council Mandatory participants - Requires mandatory participation by enterprises and employees; - ?Enterprises? refers to ?all urban enterprises?, including: a. State-owned enterprises; b. Urban collective enterprises; c. Foreign investment enterprises; d. Urban private enterprises; e. Government organizations, institutions; f. Social organizations; and g. Non-governmental non-enterprise units. - ?Employees? refers to ?employees of the above-mentioned enterprises? Contribution - Employer contribution ? approximately 6% of the total wages of the enterprises; - Employee contribution - 2% of the employee's wage National Requirement ? Housing ?Administrative Regulation on Housing ? issued by the State Council on April 3, 1999. Mandatory participants - Requires mandatory participation by enterprises and employees; - ?Enterprises? refers to ?all urban enterprises?, including: a. Government organizations, institutions; b. State-owned enterprises; c. Urban collective enterprises; d. Foreign investment enterprises; e. Urban private enterprises; and f. Other Urban enterprises. - ?Employees? refers to ?employees of the above-mentioned enterprises? Contribution - Employer contribution ? minimum contribution 5% of the total wages of the enterprises; - Employee contribution ? minimum contribution 5% of the employee's wage Local Requirements Local requirements regarding contribution ratios may be different from national requirements, which vary from locality to locality based on the relevant regulations stipulated by local governments. A Summary of contribution rations (expressed as a percentage of the employee gross wages) to social security funds in the following cities (as of July 1999) Social Issues

10 Unexpected Realities of Self-Publishing Your Books

10 Unexpected Realities of Self-Publishing Your Books 10 Surprising Realities of Self-Publishing Your Books I know it seems easy.You’re probably thinking that self-publishing is nothing more than uploading a document to the web and hitting an all-powerful â€Å"PUBLISH† button.You’re far from the truth.In all honesty, self-publishing is certainly a process. There’s a reason big-name publishing houses have beenaround for so long; they take care of a lot of the work. You do all the creative thinking while they do the other heavy lifting.But that also means they get a (very) big cut of your earning. Your hard-earned income. But all of that’s already been discussed.Instead, we’ll talk about what you can actually expect when you decide to put yourself first and commit to self-publishing.And believe me, I know it’s a hard choice to make.Taking that leap can be difficult, especially if you’re not sure what to expect. Let us do some decluttering of your mind by cluing you in on some of the unexpected realities of self-publishing your book!#1 You’ll become a tech-savvy self-publishing whizA lot of technical coordination needs to happen in order to self-publish your book.You’ll have to:Write the bookGet it formattedGet a cover designedCombine into one productCreate online self-publishing accountsUpload materials to the accountsCoordinate your launch team in a single placeThere is more but I think you get the idea.Self-publishing involves a number of different technical capabilities you probably don’t know of before starting the process.And because you’ll be responsible for the entirety of your publishing journey, you’ll learn a lot about all of the different platforms you’ll need to make it happen which is made a lot easier with a program that shows you exactly what you need to do, when to do it, and how to get it done. #2 A lot more incomeYou probably think of self-published authors as the â€Å"starving artist† type, forever playing catch-up with bills and life in gene ral.In reality, that couldn’t be further from the truth.That fact is, self-publishing gets a really bad reputation for bankrupting those who pursue its path. And sure, some people may have spent a lot of time and money on their book only for it to tank.But those people often decide to go it completely alone instead of using a program or guideline of sorts to ensure they succeed.If you do work hard and pursue self-publishing by learning from those who have done it before, you can actually expect some cushy additional income.Why is that, you ask?Because you don’t have to fork over a chunk of your earnings to a publisher. Because you are the publisher. #3 You’ll learn a lot about yourselfThis is especially true if you’re writing non-fiction but it’s just as meaningful for fiction authors as well.Writing a book takes a lot of your own experiences, values, and meaningful content to you. That means you get to do some digging into your psyche to uncover the very core of who you are. And if youre writing a memoir, be prepared for a lot of this.That’s a bit deep, but I really want you to understand just how much you can learn about yourself from self-publishing a book.And it’s not even all about the writing itself, either.Self-publishing takes a lot of drive, ambition, and a very determined individual.It’s a challenge and whenever we enter into challenging times in our lives, we learn more about ourselves than ever before.Self-publishing a book is the same.Through your writing, editing, rewriting, marketing, and self-publishing journey, you can figure out more of who you are and what you want out of life.And that alone is worth it.#4 You’ll make amazing connectionsNetworking isn’t really something many people think of when they consider self-publishing.In fact, most people assume self-published authors are shut-ins who spend all their time shrouded in thick blankets with a steaming mug of spiked co ffee between their hands.But when you have to market and ask others for advice or even if you become a member of a powerful self-publishing group, you meet all kinds of people.And knowing talented, hardworking individuals will only help you reach your goals faster.The point is, self-publishing helps you build those connections you might not otherwise get. After all, self-published authors stick together.#5 You build almost-instant credibility The crazy thing about self-publishing is how much other’s view of you changes.Before, you may have just been a blogger with a business that just wouldnt take off. After you have a book available, others will see you as an authority figure in your field.They will feel more comfortable paying for your products or services simply because you wrote a book.It might seem a little silly because your knowledge base is the same, but when a potential customer can purchase your book, they instantly see you as someone with expert knowledge and this increases the likelihood that they’ll buy from you.Even if you’re not a business owner, self-publishing a book will still give you a boost in the eyes of strangers and even people you know well.#6 Opportunities will come knockingWe like to refer to self-publishing a book as opening the door to Narnia. Once you go through with the process, you will throw yourself into an entirely new world where opportunities basically fall into your lap.By this I mean that you might be contacted for speaking gigs, bring in more high-value clients, get requests for interviews, and more.Because publishing a book places you as an authority figure and heightens your credibility, more people will want to hear what you have to say on the subject.This could lead you down new roads, offer new business ventures (like this entire company!), and change your entire life just because you decided to take action and self-publish a book.#7 Your business will flourishThis is the amazing thing about self-publishing a book. When your credibility sky-rockets, so will your business.In fact, most aspects of your life will flourish but a book will directly aid your business (and even your side-hustle!).Take our alumnus Ashley Emma, for example. After the launch of her book, her business generated $24,000 specifically from her book Fearless Author.So if your business is struggling and you need a new way to bring in sales, writing and self-publishing a book is a fantastic method to do so.#8 You’ll want to write another book ASAPThe process of self-publishing can be a long and arduous one and you’ll still want to publish another book as soon as you can.Why? Because of everything you gain from it.Many of our students love what having a self-published book offers so much that they dive into the program again in order to write another one.In fact, one of our alumni (and now one of our Coaches!), Lise Cartwright, has self-published 26 books simply because of the opportunit ies she’s gained through doing so.One of the (arguably) best opportunities granted was becoming part of the Self-Publishing School team behind the scenes by teaching and helping other students find the same success she did.Bottom line: you might become addicted to writing books. #9 You’ll generate tons of new ideasWriting a book forces you into a quicksand-like imaginative headspace. The more you write, the more you understand what else you can be writing and you end up in a pit of creativity that releases your mind and allows you to think outside the box. You practically get sucked into creative thinking.Meaning, you’ll come up with so many new ideas for other books, blog posts, or even business ventures.Think of your creativity like a muscle and self-publishing as the gym.Each time you sit down to further your self-publishing progress, the more creative you will become.#10 You’ll become a routine-writerBefore you learn the real process of self-publish ing a book, you probably only ever wrote when you were inspired.And thats not always useful.You’ve always had this book idea and would spend bursts of time typing out so much contentonly to lose that inspiration the next dayand the nextand the next, until you basically forget all about it.When you actually self-publish a book, you learn that becoming an author isn’t just about writing when you want to but writing anyway.The best part about this?You write faster, become better, and can publish much sooner than if you waited around for inspiration to find you.Your Next Steps Toward Self-Publishing SuccessNow you know just how much you can expect to gain from self-publishing a book. But how do you get started? What steps do you need to takeright now?Ive got those answers right here for you:#1 Join your free trainingAre you ready to take the first step toward your self-publishing journey? Then make sure to save your spot and sign up for ourfree video training!Chandler Bol t, 6-time bestselling authorand our super knowledgeable CEO, will take you through exactly what you need to go from blank page to published author in 90 daysor even less if youre really ambitious!

The economic consequences of the abolition of the Second Bank of the Essay

The economic consequences of the abolition of the Second Bank of the United States - Essay Example In 1837, the bank failed to renew its charter after Nicholas Biddle, the bank’s president, clashed with Andrew Jackson’s administration thereby leading to the liquidation of the bank in 1838 (Wilentz, 2008). Although proponents of the abolition of the Second Bank of the United States argued that the bank was responsible for inflation and was only improving the fortunes of an elite few, it played a number of critical roles with the primary responsibility being the main fiscal agent for the federal government thereby assisting in the stabilization of the economy and property values. For example, being the exclusive fiscal agent of the Federal government, BUS assumed a number of important economic roles some of which included holding and transferring all the U.S payments, deposits and receipts of nearly every government transaction as well as processing of tax payments. In this regard, the BUS was the exclusive depository of the Federal government, a role which made it the principal customer and stockholder. As a result, the abolition of the Second Bank of the United States in 1836 resulted in a diverse number of economic consequences some of which included inflation, increased national de bt, unemployment among other. This paper critically analyzes the various economic consequences of the abolition of the Second Bank of the United States in 1836. One of the immediate economic impacts of the shutdown of the second Bank of the United States was the loss of savings and investments. This was particularly attributed to the fact that the bank maintained the exchequer account where the federal government deposited its revenue for use by its agencies. Dowd, K, Hutchinson, M. (2010, 70) suggests that the Second Bank of the United States acted as the federal government banker. More importantly, the bank managed the accounts for departments and government ministries as well as Individual investors held both saving and liquid accounts. These accounts held a large