Assignment 2: Decision Making Gone AwrySometimes social influences and societal pressures can...

Question

Assignment 2: Decision Making Gone AwrySometimes social influences and societal pressures can influence decision making for the better and sometimes for the worse. In addition to these pressures, there are risks that need to be evaluated and measured when making decisions. In this assignment, you will reflect on decisions you made using social influence, persuasion, and risk taking that went awry.Examine a time when you were involved in decision making that went awry as a result of protocols, social norms, or persuasive techniques. If you do not want to use an example from your business or personal experience, you can select a journal article on which you can base your assignment. Here are some key words to help you find an article for this assignment:	Decision making	Risk taking	Persuasion	Social heuristicsWrite a 3–5-page paper in Word format that addresses the following:	Describe a decision-making scenario using your business experience, personal decision making or cited journal article; include an example of the decision-making process, describe the risk, and whether persuasion was used. What were the social heuristics?	Explain the incentives in this scenario. Were they effective?	Identify the risks and the potential decision biases in your scenario. Propose the corrective steps that should have been taken to overcome these biases. If a risk assessment was conducted how did this affect the decision-making process?	Analyze your scenario for what happened in terms of social heuristics. Explain how decisions were made and the social factors that shaped the decision-making environment.	Discussthe greatest challenges to sound decision-making in your scenario.	Critiquethe decision-making process used by the sponsor(s) and leader(s) of the decision. Identify the mistakes made by the sponsor(s), leader(s), and team members or others impacted by the decision during the implementation of the decision.Support your statements with scholarly references and appropriate examples. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M2_A2.doc.ByWednesday, October 16, 2013, deliver your assignment to theM2: Assignment 2 Dropbox.										Assignment 2 Grading Criteria										Maximum Points										Thoroughly evaluated the decision-making situation, the social heuristics involved, and the decisions they made including proposing corrective steps that should have been taken.			40							Articulatedthe greatest challenges to sound decision making in your scenario.Included decision biases and risk assessment.			20							Critiquedthe decision process used by the sponsor(s) and leader(s) of the decision. Identified the mistakes made by the sponsor(s), leader(s), and team members or others impacted by the decision during the implementation of the decision.			20							Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.			20											Total:

David · Accepted Answer

Impact of Social Influence over the Decision Making Process
1
Impact of Social Influence over the Decision Making Process 
Student Name 
University
Impact of Social Influence over the Decision Making Process
2 
Introduction 
Decision making approach of an individual is considered to be significantly 
influenced from various factors like personal interest, social influence, rationality, 
ethical and moral values, etc. In most of the decision making efforts an individual 
seeks an opinion from other people around him, who will either support or reject the 
decisions generated from the rational thought process of the individual. Such 
influence of people or specific community on decision of an individual, group or 
organization is considered as social influence. In context of its impact on the decision 
making approach or decisions of the individual, this paper attempts to assess the risk 
or potential biases associated with social influence, impact of social heuristics on 
decision making process and potential challenges in sound decision making. 
Decision Making Scenario 
 In order to establish enhanced understanding about the impact of social 
influence on the decision making process, a specific case scenario can be 
considered as of the decision to select product or service offered by an ecommerce 
website or organization. As ecommerce sites offers services on virtual platform, as 
on internet, thus the most of the products cannot be touch, feel, sensed or quality not 
analyzed unless product delivered to customers; so before making any purchase 
decision people seeks opinion of early adopters to avoid risk of buying new products.   
In order to make decision of purchase on an ecommerce site, specific opinion has 
been granted from web-based social communities,

Assignment 2: Decision Making Gone Awry Sometimes social influences and societal pressures can influence decision making for the better and sometimes for the worse. In addition to these pressures,...

Answer To: Assignment 2: Decision Making Gone Awry Sometimes social influences and societal pressures can...

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment

Assignment 2 Grading Criteria	Maximum Points
Thoroughly evaluated the decision-making situation, the social heuristics involved, and the decisions they made including proposing corrective steps that should have been taken.	40
Articulatedthe greatest challenges to sound decision making in your scenario.Included decision biases and risk assessment.	20
Critiquedthe decision process used by the sponsor(s) and leader(s) of the decision. Identified the mistakes made by the sponsor(s), leader(s), and team members or others impacted by the decision during the implementation of the decision.	20
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.	20
Total: