Can you balance the budget? What types of tradeoffs did you
encounter when making decisions on...
Can you balance the budget? What types of tradeoffs did you
encounter when making decisions on allocating or cutting federal
spending? How easy is it to balance the budget? Which groups are
hurt and which are helped by your changes?
When making decisions, we may encounter some barriers that stop
us from making rational decisions. However, it is important to make
our decisions rationally.
(a) Discuss the five (5) barriers to rationality.
(b) Based on a decision you have made, explain how you can
utilise the six (6) steps mentioned in unit 5 to make a decision
rationally.
Macroeconomic policy is about making difficult decisions
involving tradeoffs. It is impossible to talk about ‘the best
policy. Why ?
(350 words) No written responses please, only typed.
What factors does a business take into account when making
dividend decisions? Describe different types of dividend
policy. Based on the value of stocks using the Gordon
Model or Constant Dividend Growth Model, how do dividend payments
effect stock prices? What are some of the potential problems that
may arise from these decisions?
What are the challenges that you have encounter in
implementing the decision making in the case?
CASE
It had been a long week and it was only Tuesday. At 2:30 p.m. on
a Tuesday afternoon in Prairie City, a small town located in a
rural area in the upper Midwest, all indications were that this was
going to be a difficult week. Ann Smith, the new clinic
administrator for Prairie Health Services, had just finished taking
her third call from...
As
a manager when you are making decisions for the company,you need to
consider the distinction between how the decisions will impact the
company is short time and in a long time. Describe the information
needed to make these decisions. What test can you run to help make
your decision justify your answer
Making Decisions
Wexly is a large publicly owned corporation which you are the
president. When making decisions, do you make them to maximize
stockholders’ wealth or for your personal gains? What actions could
stockholders take to make sure the interest of both parties is
served? What can influence management’s actions?
projects with unequal lives cause problems when making decisions
decision making? how can we overcome this problem?
“A project’s engineering life does not always equal its
economic life.” Explain this statement with an example