TAILIEUCHUNG - Lecture Judgment in managerial decision making (8e) - Chapter 8: Fairness and ethics in decision making

After studying this chapter, you should be able to: Describe why an understanding of basic approaches to ethical decision making and corporate social responsibility is important, explain the basic approaches to ethical decision making, identify the different implications of each approach in real-life situations,. | Judgment in Managerial Decision Making 8e Chapter 8 Fairness and Ethics in Decision Making Copyright 2013 John Wiley & Sons 1 Accepting a Job Offer You are graduating from a good MBA program. Subsequent to your discussions with a number of firms, one of your preferred companies makes you an offer of $110,000 a year, stressing that the amount is not negotiable. You like the people. You like the job. You like the location. However, you find out that the same company is offering $120,000 to some graduating MBAs from similar-quality schools. Will you accept the offer? - Consider the following scenario about a hypothetical job offer. - Most people are bothered by the fact that they receive less than others even though they may be happy with the job offer without knowing about the salaries of others. 2 Price Increases Hurricane Katrina hits southern Louisiana, leaving many people homeless. For commodities such as building materials, demand is up and supply is down. This is a condi­tion that

• Quản trị kinh doanh
• Managerial decision making
• Judgment in managerial decision making
• Decision making
• Ethics in decision making
• Fairness in decision making
• Improving decision making
• Strategies for better decisions
• Operations strategy
• Product design objectives
• Anatomy of decisions
• System 1 thinking
• System 2 thinking
• Making rational decisions
• Claiming value in negotiation
• Game theoretic approaches
• Emotional influences
• Decision mak
• Implicit attitudes
• Social responsibility
• Individual ethics
• Ethical decision making
• Lecture Management
• Managerial environment
• Decision making model
• Administrative model
• Forms of overconfidence
• Consequences of overestimation
• Common biases
• Batting averages
• Bounded awareness
• Role playing exercise
• The reversal of preferences
• Big positive gamble
• Perceptions of certainty
• Common investment mistakes
• Poor investment decisions
• Investment decisions
• Negotiator cognition
• Common mistakes of negotiators
• Escalation of conflict