Examine the process involved with problem formulation. Apply critical thinking to problem identification. Apply decision-making techniques. Determine factors affecting decision implementation.

Examine the process involved with problem formulation. Apply critical thinking to problem identification. Apply decision-making techniques. Determine factors affecting decision implementation. Evaluate resources and actions required for implementation. Evaluate ethical implications of a decision. Evaluate decision-making outcomes and processes. Prompt Examine a business issue of your choosing that has ethical implications. For example, research the arguments (both for and against) regarding advertising to children, paying a living wage, requiring union membership, or selling tobacco. Research and present the leading opinions and comment on the validity of the arguments. Which side is more compelling? Why?

Describe a time when social comparison theory may have occurred in your life or someone else’s life. How did this inform your self-knowledge?

Mental shortcuts can be both beneficial and costly. Identify one benefit and one disadvantage associated with the representativeness heuristic. Give a specific example from your life, the lives of people you know, or the media. After you describe the example and provide the benefit/disadvantage, discuss a better way of thinking about that particular situation. Question 8 Describe a time when social comparison theory may have occurred in your life or someone else’s life. How did this inform your self-knowledge?