A ball is thrown straight up with a speed of 30 m/s. How long does it take to reach the maximum height?

 

1)  Prepare a personal Income statement and Balance Sheet, using the information below. Use any reliable financial resource on the internet.

 

 

(2)  Monthly budget updated with actual numbers.

 

a.  Take the budget, use three columns (Budgeted, Actual, and Variance)

 

b.  Fill in the Actual column for income and expenses for the month and then calculate your variances.       

 

 

 

Choosing a career path can help you set professional goals and achieve desired results. In the area of Supply Chain, various career path are available. Visit some professional organizations’ (related to Supply Chain) websites and review various career alternatives. Then select one which is best suited for you. Discuss why you selected that particular career, your strengths and weakness concerning the career, and your concerns about the career.

After your initial post:

• Constructively evaluate your classmates’ decisions based on their strengths and weaknesses.
• Share any careers that you have come across that your classmates may be interested in based on their strengths and weaknesses.

Write your initial response in a minimum of 200–300 words. Apply APA standards to the citation of sources.

1. Introduction:

Economists have often modelled human decision makers as completely rational. According to this model, rational people know their own preferences, gather and accurately process all relevant information, and then make rational choices that advance their own interests. However, Herbert Simon won a Nobel Prize in economics by pointing out that people are rational, but only boundedly so in that they seldom gather all available information, they often do not accurately process the information that they do gather, nor do they necessarily know what it is that will make them happy. People are rational, but boundedly so.

If the last fifty years of psychological research has proven anything, it’s that the situational often dominates the dispositional. That is to say, our disposition or desire to be good people can be overwhelmed by psychological or organizational factors that we may not even be aware of. These factors adversely affect ethical decision making as well as economic decision making, meaning that people are boundedly ethical as well as boundedly rational.

The basic notion, as spelled out by Professor Ann Tenbrunsel and her colleagues, is that systematic and predictable organizational pressures and psychological processes cause people to engage in ethically questionable behaviors that are inconsistent with their own preferences. Various factors cause us to make unethical decisions that we later regret.

For example, although most of us want to act ethically, we also wish to please authority figures. Therefore, if our boss asks us to do something unethical, we may do it without even realizing our mistake because we are focusing on pleasing the boss rather than on the ethical dimensions of the issue facing us.

To take another example we also have a natural desire to be “part of the team” at work. Therefore, if a questionable action advances the team’s interests, as we perceive them, we may act unethically because, again, we are focusing upon achieving the team’s goals rather than adhering to our own ethical standards.

Most of us want to act ethically, and are certain that we will because we just know we’re good people. But most of us are also overconfident regarding our own ethicality. This can lead to complacency that causes us to make decisions containing ethical dimensions without reflecting deeply.

We’re ethical, it’s true, but bounded so. I recommend a little humility. Only if we truly commit ourselves to being ethical people and diligently guard against the organizational pressures and psychological factors that put bounds upon our ability to be so, can we possibly realize our ethical potential.

2. Task: Watch the following videos:

 

 

 

 

https://www.youtube.com/watch?v=yDXLzz2144g

 

3. Activity

Based on the videos that you watch above, answer the following questions (approx 200-300 words)

 

• Do you think that acting ethically is just a matter of wanting to badly enough? Why or why not?

 

• What kinds of situational factors can you think of that might make it difficult for a well-intentioned person to always do the right thing?

 

• Can you think of a time when you did not live up to your own ethical standards? What caused you to depart from your own standards?

 

• Can you think of an example of a friend who acted unethically? Or someone in the news lately? Without making excuses for them, can you explain why they might have made bad ethical decisions even though they are generally good people?

 

• Do you think it’s possible to be completely rational when making ethical decisions? Why or why not?

Statistics is about more than calculations. It is about turning data into information and using this information to understand the population. A statistician will be asked to help solve real world problems by designing a study, collecting data, analyzing the data, and writing up the results.  As a final project, you will be asked to do something similar.  Though the design and data collection will be done for you, you will be asked to analyze the data using the appropriate tests (ensuring the data are distributed normally) and write up the results, using statistical evidence to support your findings.  Lastly, you will be asked to include recommendations, that is, apply the results to solve the real world problem.

 

In your paper, explain why you chose each statistical test, figure, or procedure.

 

The problem:

 

Due to financial hardship, the Nyke shoe company feels they only need to make one size of shoes, regardless of gender or height.  They have collected data on gender, shoe size, and height and have asked you to tell them if they can change their business model to include only one size of shoes – regardless of height or gender of the wearer.  In no more 5-10 pages (including figures), explain your recommendations, using statistical evidence to support your findings. The data found are below: