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MGT 105 Mod 2 Homework

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MGT 105 Mod 2 Homework
Essentials of Management
Larry Kuhn
Allied American University

Author Note This paper was prepared for Essentials of Management, Module 2 Homework Assignment taught by Dr. Justin Barclay.

There are two (2) parts to the assignment. In Part I, you will answer general questions in order to help you focus on planning, strategic management, and decision-making. In Part II, you will write a paper that is two pages in length. This will help you build effective decision-making skills by thinking like an entrepreneur. This assignment is to be completed in a step-by-step manner. You will be instructed on what to include in each part of your essay, beginning with the introduction, then the body paragraphs, and, finally, the conclusion.

PART I: Short Response Questions

Directions: Please provide responses to the questions below. If necessary, please use examples or information from the textbook; however, please be sure to not copy any information directly from the text, the Module 2 Lecture Notes, or the Internet. Please use proper APA citations for any resources that you use. For concise APA formatting guidelines, please visit the Academic Resource Center (ARC). Your responses should be at least 100 words in length for each question.

1. Describe the behavioral nature of decision making. In your description, be certain to provide some detail about political forces, risk propensity, ethics, and commitment. Describe a time when you experienced or participated in behavioral decision making.
I) Taking less than the logical approach to making a choice that rather than considering facts. Decisions are based off intuition, feelings, emotion, and other outside influences, which may not always be correct. This does not make behavioral decision making wrong, but just a different approach.
II) I can relate with behavioral decision making from my time in the military. It’s kind of like picking your team for a good sports team. A company mostly

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