This week’s discussion focuses on decision error costs with regard to hiring new talent. Use the provided scenario as a basis to inform your post on decision-making impacts and Type I and Type II errors.   Instructions   The HR department is trying to fill a vacant position for a job with a small talent […]

What is game theory, and how do businesses use games?   In your Managerial Economics textbook, we consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm (see Figure 15-1). There are several possibilities of how this sequential game will be played. We want to use […]

The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price, they are happy with the deal. There is no coercion. If the person really does not like the deal, they simply walk away.   […]

Performance Reviews   Consider the performance review process at your organization. Is it simply an exercise, or is it valuable for managers and employees?   Assess the performance review system, using the prompts below:   Does the review have a self-assessment component?   Does the process lead to an individual development plan?   Does the […]

CONTINUOUS IMPROVEMENT   SLP Assignment Expectations   In this final SLP, you will construct a simplified action plan with your team to foster continuous improvement and team learning. Each team member will submit his/her own copy of the same team plan. Plans should be 2-3 pages.   To construct your plan, review your assessment from […]

In the Case for this module, you will be conducting a personal evaluation of your team for the 101 Tips exercise. In reality, you have been assessing the team all the way through the course, but in this Case you are going to condense your analysis into a format that will become the basis for […]

TEAM NORMS AND PROCEDURES   Assignment Overview   In this module, the comment was made that norms are implicit and tend to develop over time. However, it was also observed that virtual teams cannot afford the luxury of such a passive process and need to take proactive steps to establish explicit norms.   Case Assignment […]

TEAM NORMS AND PROCEDURES   In the Session Long Project for this course, you are working with several classmates as a virtual team on a competitive project. This project involves assessment of both group and individual work. Your team’s process and task output will serve as the material for this SLP. Remember to respond to […]

TEAM NORMS AND PROCEDURES   Assignment Overview   In this module, the comment was made that norms are implicit and tend to develop over time. However, it was also observed that virtual teams cannot afford the luxury of such a passive process and need to take proactive steps to establish explicit norms.   Case Assignment […]

SUPPORTIVE TEAM CLIMATES   Assignment Overview   On the home page of this module, six different management and team competencies/conditions were described. In this case, you will reflect on how these competencies/conditions act either alone or with others, to create task and interpersonal connection.   Case Assignment   Read the following article:   A. T., […]