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Decision Making in Management
 
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Good decision making is a vital part of good management because decisions determine how the organization solves problems, allocates resources, and accomplishes its goals. A decision is a choice made from available alternatives.Decision making is the process of identifying problems and opportunities and then resolving them. Management decisions typically fall into one of two categories: programmed and nonprogrammed. Programmed decisions made in response to a situation that has occurred often enough to enable managers to develop decision rules that can be applied in the future. Programmed decisions are made in response to recurring organizational problems. Nonprogrammed decisions are a choice made in response to a situation that is unique, is poorly defined and largely unstructured, and has important consequences for the organization. Many nonprogrammed decisions, are related to strategic planning because uncertainty is great and decisions are complex. Every decision situation can be organized on a scale according to the availability of information and the possibility of failure. The four positions on the scale are certainty, risk, uncertainty, and ambiguity. Good decision making is a vital part of good management, but decision making is not easy. A problem occurs when organizational accomplishment is less than established goals. Some aspect of performance is unsatisfactory. An opportunity exists when managers see potential accomplishment that exceeds specified current goals. Managers see the possibility of enhancing performance beyond current levels. The decision-making process typically involves six steps: recognizing the need for a decision, diagnosing causes, developing alternatives, selecting an alternative, implementing the alternative, and evaluating decision effectiveness.
Views: 9572 Gregg Learning
What is Decision Making?(B.Com)
 
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In this video Anita Rathore, explains the Decision Making. Process of Decision Making Methods of Decision Making Thanks for watching and commenting. If you like our video you can Subscribe Our Youtube Channel here https://www.youtube.com/user/gurukpobiyanicollege?sub_confirmation=1 And You can also Subscribe to our Biyani TV Channel for quality videos about Fashion Lifestyle, Current affairs and many useful topics https://www.youtube.com/channel/UC50P... Gurukpo.com is the fastest growing educational web portal where all kind of academic information/Notes are available free of cost. For more details visit http://www.gurukpo.com These Videos are produced by Biyani Group of Colleges Jaipur, a fastest growing girls college in India. Visit http://www.biyanicolleges.org Share, Support, Subscribe!!! Subscribe: https://goo.gl/3gBszC Youtube: https://goo.gl/cjbbuL Twitter: https://twitter.com/drsanjaybiyani Facebook: https://www.facebook.com/drsanjaybiyani/ Instagram: https://www.instagram.com/prof.sanjay... Website : http://www.sanjaybiyani.com http://www.biyanitimes.com
Views: 26079 Guru Kpo
Decision Making Steps in Management
 
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Whether a decision is programmed or nonprogrammed, six steps typically are associated with effective decision processes. Managers confront a decision requirement in the form of either a problem or an opportunity. The decision-making process typically involves six steps: recognizing the need for a decision, diagnosing causes, developing alternatives, selecting an alternative, implementing the alternative, and evaluating decision effectiveness.
Views: 24705 Gregg Learning
Decision Making | Steps To Rational Decision Making | PPM | Module 3 | Part 5
 
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PPM (Principles and Practices of Management): Management Papers: Decision Making: What is Rational Decision Making? - Steps of Rational Decision Making. - Define the problem. - Identify decision criteria. - Weight the criteria. - Generate alternative courses of action. - Evaluate each alternatives. - Compute the optimal decision. Define the Problem: Existing State Desired State. Example : Absolute Weighting of Decision Criteria for a Car Purchase: - Completely unimportant - Not very important - Somewhat important - Important - Critically Important Relative Comparision of Home Charecteristics Generate Alternatives and Course of activities. Limits to Rational Decision making. Advantages of Group Decision Making. ; Videos by Edupedia World(www.edupediaworld.com), Online Education.Click on (https://www.youtube.com/channel/UC6E97LDJTFJgzWU7G3CHILw/featured) for more Videos. All Rights Reserved.
Views: 4875 Edupedia World
Decision-making in business in hindi and simple language
 
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Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 74845 study with chanchal
Decision Making for Principles of Management
 
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Decision making concepts for principles of class by Mike Knudstrup, MBA, Ph.D.
Views: 14921 Mike Knudstrup
Chapter 2 Making Decisions
 
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Description
Views: 1786 Carl Boger
Principles of Management - Lecture 08
 
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decision, decision making, decision-making process, decision types, process, problem, problem identification, problem definition, decision criteria, weighting criteria, choice, alternatives, alternative analysis, alternative selection = choice, implementation, evaluation of decision, relevant decision criteria,
Views: 27188 Krassimir Petrov
Henry Mintzberg on Decision Making
 
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A short clip from one of Professor Henry Mintzberg's teaching sessions on the IMPM - the International Masters in Practicing Management. http://www.impm.org
Views: 109061 LancasterManagement
Ethical Decision Making in Management
 
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Most ethical dilemmas involve a conflict between the needs of the part and the whole - the individual versus the organization or the organization versus society as a whole. Managers faced with these kinds of tough ethical choices often benefit from a normative strategy—one based on norms and values—to guide their decision making. Normative ethics uses several approaches to describe values for guiding ethical decision making. Five approaches that are relevant to managers are the utilitarian approach, individualism approach, moral-rights approach, justice approach, and the practical approach.
Views: 8267 Gregg Learning
Week 6 Managerial Decision Making
 
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Week 6 Managerial Decision Making
Views: 8405 Venus F.
Decision-Making in Organizations
 
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New research has shown that the world’s best managers can overcome biases and reliably make effective decisions by following an approach called diligence-based strategy. California Management Review Volume 59, Issue 3 (Spring 2017) For more information, access to a complete list of articles in this issue, or for purchasing options, please visit us online: http://cmr.berkeley.edu Video Production: Devyn White Editing: Katherine Lee Music: "It's always too late to start over" by Chris Zabriskie Icons: by Freepik, Nikita Goluber, Pixel Buddha, Vectors Market, Roundicons, Dinosoft Labs, MadebyOliver
Planning, Decision Making and Control - A-Z of business terminology
 
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Short video for Accounting, Business and marketing students. More A-Z of business terminology can be found at http://accountingcollege.co.uk/
Views: 2066 AC Training
Managerial Decision Making
 
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Video1 made by KIMEP student during the course "Independent Studies in Communication" Instructor: Ken Harvey
Views: 16781 Elmik92
Decision Making
 
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This is an overview of organizational decision-making using Victor Vroom's model. This presentation was prepared as part of my capstone project in Gonzaga's Masters of Organizational Leadership Program (i.e., ORGL 680). References: Adams, S. (2015). Dilbert. Retrieved from http://dilbert.com/ Doss, E. & Horsman, J. (2013). Decision making methods: An introductory review. Retrieved from https://learn.gonzaga.edu/ Vroom, V. (2010). Educating managers for decision making and leadership. Management Decision, 41(10), 968-978. Retrieved from https://learn.gonzaga.edu/
Views: 17068 Kyle Baker
Process of Decision Making Lecture, BBA, MBA  by Dr. Tripti Vijaywargia.
 
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This is a part of lecture presented by Dr. Tripti Vijaywargia, Asst. professor of Biyani Girls College. Decision making is viewed as rational, as systematic process. There are several stages in decision making process as follows. It begins with uncovering or discovering the problem situation in the course of job, a manager confronts several such situations in the internal and external environment. After the perception of decision, manager has to define and implementation of the best alternative.
Views: 54605 Guru Kpo
Decision Tree Tutorial in 7 minutes with Decision Tree Analysis & Decision Tree Example (Basic)
 
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Clicked here http://www.MBAbullshit.com/ and OMG wow! I'm SHOCKED how easy.. No wonder others goin crazy sharing this??? Share it with your other friends too! Fun MBAbullshit.com is filled with easy quick video tutorial reviews on topics for MBA, BBA, and business college students on lots of topics from Finance or Financial Management, Quantitative Analysis, Managerial Economics, Strategic Management, Accounting, and many others. Cut through the bullshit to understand MBA!(Coming soon!) http://www.youtube.com/watch?v=a5yWr1hr6QY
Views: 559072 MBAbullshitDotCom
Game Theory: The Science of Decision-Making
 
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With up to ten years in prison at stake, will Wanda rat Fred out? Game theory is looking at human interactions through the lens of mathematics. Hosted by: Hank Green ---------- Support SciShow by becoming a patron on Patreon: https://www.patreon.com/scishow ---------- Dooblydoo thanks go to the following Patreon supporters -- we couldn't make SciShow without them! Shout out to Kevin Bealer, Justin Lentz, Mark Terrio-Cameron, Patrick Merrithew, Accalia Elementia, Fatima Iqbal, Benny, Kyle Anderson, Mike Frayn, Tim Curwick, Will and Sonja Marple, Philippe von Bergen, Chris Peters, Kathy Philip, Patrick D. Ashmore, Thomas J., charles george, and Bader AlGhamdi. ---------- Like SciShow? Want to help support us, and also get things to put on your walls, cover your torso and hold your liquids? Check out our awesome products over at DFTBA Records: http://dftba.com/scishow ---------- Looking for SciShow elsewhere on the internet? Facebook: http://www.facebook.com/scishow Twitter: http://www.twitter.com/scishow Tumblr: http://scishow.tumblr.com Instagram: http://instagram.com/thescishow ---------- Sources: https://www.khanacademy.org/economics-finance-domain/microeconomics/nash-equilibrium-tutorial http://levine.sscnet.ucla.edu/general/whatis.htm http://assets.cambridge.org/97805213/61774/sample/9780521361774ws.pdf https://www.youtube.com/watch?v=qcLZMYPdpH4 http://link.springer.com/chapter/10.1007/978-1-349-20181-5_1 http://www.gametheory.net/dictionary/Game.html Image Links: https://en.wikipedia.org/wiki/John_Forbes_Nash_Jr.
Views: 2062421 SciShow
Management Skills Training - Decision Making
 
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http://www.siliconbeachtraining.co.uk/management-training/ Management Skills Course from Silicon Beach Training This short (3 minute) video explains the Decision Making training exercise from our Management Skills for New Managers course. It explains the scenario delegates are asked to make decisions on and describes the key learning points from the exercise. Category:
Views: 16154 Heather Buckley
Principles of Management - Lecture 09
 
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decision-making criteria, weighting, common decision errors, overconfidence, immediate gratification, anchoring, anchoring effect, recency bias, selective perception, confirmation bias, hindsight bias, planning, strategy, organizing, leadership, control, centralization, decentralization, motivation, worker satisfaction, rational decision making, bonded rationality, satisfice, satisficing, escalation of commitment,
Views: 25175 Krassimir Petrov
Decision making and it's Process in hindi for MBA/BBA/BCA/B.com/M.com/commerce student learn on tips
 
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Decision making process in hindi Decision making meaning in hindi Decision making definition in hindi Define Decision making steps in hindi What is decision making and it's completely process For watching rational decision making video click here. https://youtu.be/PjnbQASSgBI Types of decision making in hindi https://youtu.be/Gdk8RX3eKSk By learn on tips
Views: 12340 learn on tips
Decision making Role Play
 
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A Mind blowing work by Mechanical 5th semester Students , Demonstrating Decision Making & Team Skills as a part of their Managerial Skills Programme .
Views: 25508 Prosumit
The Rational Decision Making Model
 
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Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 Learn about the rational decision-making​ model and how to use it to make better decisions.
Fundamental Principles of Business Decision Making | Opportunity Cost
 
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Managerial Economics; Management; Fundamental Principles of Business Decision Making | Opportunity Cost; Fundamental Concepts in Business Decision Making Opportunity Cost and Decision Rule - 00:00:13- 00:06:10 *Scarcity of resources and its alternative uses *Foregone gain and second best opportunity *Economic Profit or Economic Gain *Evaluating Economic Gain while making Business decisions Marginal Principle and Decision Rule- 00:06:11- 00:11:04 *What is 'marginal'? *Marginal Cost and Marginal Revenue in production *How do Marginal Cost and Marginal Revenue influence Business Decision Making? *The concepts Net Profit and Net Loss *Decision Rule Incremental Principle and Decision Rule- 00:11:05- 00:17:18 *Application of Incremental Principle *What is Incremental Cost and Incremental Revenue? *Difference between Marginal Cost and Revenue and Incremental Cost and Revenue *Incremental Cost and its Divisions- - Present Explicit Costs - Opportunity Cost - Future Cost *Influence of Incremental Cost and Incremental Revenue in Business Decision Making. *Decision Rule Contribution Analysis- 00:17:19- 00:18:17 *What is Contribution Analysis? *What is the contribution of a Business Decision? *How is it calculated? *Use of Contribution Analysis in the Business Decision Making Equi- Marginal Principle- 00:18:18- 00:25:51 *What is Equi- Marginal principle? *Marginal Productivity *How to equalize Marginal Productivity gains from various activities? *Application of Equi- Marginal principle Time Perspective in Business Decisions- 00:25:52- 00:27:49 *What is Time perspective in Business Decisions? *Managers role in assessing the time perspective of Business Decisions Video by Edupedia World (www.edupediaworld.com), Free Online Education; Click here https://www.youtube.com/playlist?list=PLJumA3phskPFwp2XXInxCWpv28nPMimDU for more videos on 'Managerial Economics; All Rights Reserved.
Views: 21995 Edupedia World
Decision Making Process
 
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Out Class Activity to be link with In Class Activity Subject MIS Class: MBA(I)
Views: 11558 Naim7Shaikh
ISO 9001 Quality Management Principle Number 6 - Evidence Based Decision Making
 
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ISO 9001 Quality Management Principle Number 6 - Evidence-Based Decision Making Statement Decisions based on the analysis and evaluation of data and information are more likely to produce desired results. Rationale Decision making can be a complex process, and it always involves some uncertainty. It often involves multiple types and sources of inputs, as well as their interpretation, which can be subjective. It is important to understand cause-and-effect relationships and potential unintended consequences. Facts, evidence and data analysis lead to greater objectivity and confidence in decision making. Key benefits • Improved decision-making processes • Improved assessment of process performance and ability to achieve objectives • Improved operational effectiveness and efficiency • Increased ability to review, challenge and change opinions and decisions • Increased ability to demonstrate the effectiveness of past decisions Actions you can take • Determine, measure and monitor key indicators to demonstrate the organization’s performance. • Make all data needed available to the relevant people. • Ensure that data and information are sufficiently accurate, reliable and secure. • Analyse and evaluate data and information using suitable methods. • Ensure people are competent to analyze and evaluate data as needed. • Make decisions and take actions based on evidence, balanced with experience and intuition. Thanks For Watching If you have any Question you can Feel Free to Ask! Email: [email protected] Website: https://eu-cert.org/iso-9001-quality-management-principle-number-6-evidence-based-decision-making/ For More: https://goo.gl/j8yC13
Views: 362 ECT European
Decision Analysis 1: Maximax, Maximin, Minimax Regret
 
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For an example where payoffs are costs please see: https://youtu.be/ajkXzvVegBk Decision Making Without Probabilities Part 1. This brief video explains the components of the Payoff Table and the systematic approaches involved in making decisions under uncertainty: Maximax (Optimistic) Maximin (Pessimistic or Conservative) Minimax Regret Other videos: Other videos: Decision Analysis 1.1 (Costs): Maximax, Maximin, Minimax Regret https://youtu.be/ajkXzvVegBk Decision Analysis 2.1: Equally Likely (Laplace) and Realism (Hurwicz) https://www.youtube.com/watch?v=zlblUq9Dd14 Decision Analysis 2: EMV & EVPI - Expected Value & Perfect Information https://www.youtube.com/watch?v=tbv9E9D2BRQ Decision Analysis 3: Decision Trees 1 https://www.youtube.com/watch?v=ydvnVw80I_8 Decision Analysis 4: EVSI - Expected Value of Sample Information https://www.youtube.com/watch?v=FUY07dvaUuE Decision Analysis 5: Posterior Probability Calculations https://youtu.be/FpKiHpYnY_I
Views: 348817 Joshua Emmanuel
decision making for beginners, decision making definition and principles
 
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decision making for beginners, decision making definition and principles. Definition of Decision-Making: Most writers on management think that management is basically a decision-making process. GET 2 FREE MONTHS OF UNLIMITED CLASSES | with thousands of online classes, skillshare can help you improve your professional skill set, start that side hustle, pursue a passion project, and so much more. no commitments. cancel anytime. START FOR FREE TODAY » https://skillshare.eqcm.net/eb6JZ They argue that it is only through making decisions that an organisation can accom­plish its short-term and long-term goals. A decision is an act of selection or choice of one action from several alternatives. Decision-making can be defined as the process of selecting a right and effective course of action from two or more alternatives for the purpose of achieving a desired result. Decision-making is the essence of management. 1. When the managers make decisions, they exercise choice. They decide what to do on the basis of some conscious and deliberate logic or judgement. 2. When making a decision the managers are faced with alternatives. An organisation does not take a wise manager to reach a decision when there are no other possible choices. It does require wisdom and experience to evaluate several alternatives and select the best one. 3. When taking a decision, the managers have a purpose. They propose and analyse the alternative courses of action and finally make a choice that is likely to move the organisation in the direction of its goals. Management is essentially a bundle of decision-making process. The managers of an enterprise are responsible for making decisions and ascertaining that the decisions made are carried out in accordance with defined objectives or goals. Decision-making plays a vital role in management. Decision-making is perhaps the most important component of a manager’s activities. It plays the most important role in the planning process. When the managers plan, they decide on many matters as what goals their organisation will pursue, what resources they will use, and who will perform each required task. When plans go wrong or out of track, the managers have to decide what to do to correct the deviation.
Principles of Management Lesson 5 Decision Making
 
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Gemmy Allen teaches management at North Lake College. She is the textbook author of "Management: Meeting and Exceeding Customer Expectations" published by Cengage. This is the introduction to the online Principles of Management class, Lesson 5 Decision Making.
Views: 354 Gemmy Allen
Corporate Management -Decision making
 
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Corporate Management -Decision making Watch more Videos at https://www.tutorialspoint.com/videotutorials/index.htm Lecture By: Ms.Richa Maheshwari, Tutorials Point India Private Limited
Shared Principles for Wise-Decision Making | Gary Boelhower | TEDxFondduLac
 
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Gary Boelhower, Ph.D. teaches in the areas of of ethics, religions of the world, and leadership at The College of St. Scholastica in Duluth, Minnesota. He has been a teacher for over 45 years. He has held leadership positions in higher education, including dean of life-long learning, dean of graduate studies, and vice president for academic affairs. He provides consultation and training to a broad range of organizations on dialogue, authentic leadership, professional ethics, the respectful workplace, and wise decision-making. His publications include scholarly articles and poetry in many journals and anthologies. Gary Boelhower, Ph.D. teaches in the areas of of ethics, religions of the world, and leadership at The College of St. Scholastica in Duluth, Minnesota. He has been a teacher for over 45 years. He has held leadership positions in higher education, including dean of life-long learning, dean of graduate studies, and vice president for academic affairs. He provides consultation and training to a broad range of organizations on dialogue, authentic leadership, professional ethics, the respectful workplace, and wise decision-making. His publications include scholarly articles and poetry in many journals and anthologies. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Views: 1211 TEDx Talks
Planning -Definition of Planning | Nature | Importance & Types of Planning | PPM | Module 3 Part 1
 
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PPM(Principles and Practices of Management):Management Courses: Planning: - Planning includes all the activities that lead to the definition of objectives and to the determination of appropriate courses of action those objectives. - Planning involves defining the organizations goals ,establishing an overall strategy for achieving those goals , establishing an overall strategy for achieving those goals and developing plans for organisational work activities. Nature of Planning : - It is the beginning of the process of management. - Intellectual process - think before acting. - Decision Making is Integral Part of planning. - Continuous and Flexible. Importance of Planning: - Minimizes risk and Uncertainty. - Leads to Success - Focuses attention on organisation's goal. -Trains executives.etc.. Types of Planning: -Strategic Planning. -Operational Planning -Tactical Planning. ; Video by Edupedia world(www.edupediaworld.com), Online Education.Click on (https://www.youtube.com/channel/UC6E97LDJTFJgzWU7G3CHILw) for more Videos. All Rights Reserved.
Views: 39081 Edupedia World
Problem Solving and Decision Making for Managers: Lesson 1
 
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In our complex world, managers are faced with increasingly difficult problems to solve and decisions to make. Our course provides the tools and techniques for managers for advanced problem solving and managerial decision making. Learn more in this preview of the first lesson. Visit our website to learn more about our courses www.nmcstrategicmanager.com
Views: 3329 Debbie Narver
Decision Tree Analysis IN HINDI With  Solved Practical by JOLLY Coaching
 
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This video is about DECISION TREE ANALYSIS which will help you to understand the basic concept of decision tree analysis. In this video i have solved one practical question which will help you to get the process of solving any numerical question and example. After watching you will also get to know that how to construct the decision tree. I hope this will help you. Thanks JOLLY Coaching how to solve decision tree problem, Decision tree analysis, How to solve decision tree analysis, Practical solved questios on decision tree analysis. decision threoy decision tree analysis
Views: 123473 JOLLY Coaching
Strategic decision making in hindi
 
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Decision making is also cover in this topic Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 12515 study with chanchal
Business Management Decision Making Presentation - Tariq Murphy
 
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Business major and teacher assistant Tariq Murphy presents on business management decison making for Business Management Principles and Organizational Behaviors course at Morehouse College.
Views: 122 Jungletography
Principles of Management - Lecture 10
 
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escalation of commitment, intuition, gut-feeling, experienced-based decision, cognitive-based skills, subconscious decision-making, ethics-based decisions, experience-based decisions, feelings-based decision, emotion-based decision, structured problem, unstructured problem, programmed decision, cooky-cutter, cooky-cutter decision, repetitive decisions, routine decisions, custom-made solution, decision-making conditions, risk, certainty, uncertainty, committees, task force, review panel, work team, group decision-making, solution acceptance, solution legitimacy, minority domination, groupthink, ambiguous responsibility,
Views: 23985 Krassimir Petrov
Decision Making Without Conflict
 
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It´s the English-Version of the introduction-video to the "Systemic Consensus Principle"
Views: 4361 Siegfried Schrotta
10 Decision Making Lessons from Shri Bhagvad Gita By Lord Krishna | श्री भगवद गीता, निर्णय कैसे लें?
 
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#DecisionMaking #BhagvadGita #Krishna By the grace of Shri Lord Krishna, I have brought a video in which one can learn ten lessons derived from Shri Bhawat Gita. These Lessons from Shri Bhahwat Geeta will help you to make the best decision in your life, Bhagwat Gita itself is the best motivational manual we have read till date and we hope this video which is based on Shri Bhawat Geeta will help you lead a better life by making best and fast decision. Jai Shri Krishna. निर्णय कैसे लें? श्री भगवद गीता. My Previous Video On Shrimad Bhagwat Geeta https://www.youtube.com/watch?v=EDOJSE2ptUc
Views: 6239689 We Read
#decisionmaking#  "4 Powerful Tools to Take Decisions" - In English
 
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Dear Friends, Follow the given 4 Powerful Tools for Effective Decision Making: 1. Think Tool 2. Pause Tool 3. Review Tool 4. Finance Tool Take good decisions in your life & be happy always. For conduction of vibrant & practical Training Sessions, you may reach me thru [email protected] 1. How to get good marks through "Smart Study Techniques, Memory Techniques & Concentration Techniques" for School & College students. 2. Soft Skills Trainings like "Communication Skills, How to handle Group Discussion, Interview Techniques, Presentation Skills, Body Language Techniques with practicals" etc for Job Aspirants 3. Motivation lectures specially how to burst the Stress, Meditation techniques, Relaxation music" etc for employees, Students, Homemakers, Entrepreneurs etc Do subscribe to my channel. Stay Blessed & Wish You Good Luck  Follow my other talks in the given video links: 1. Inspirational Talks https://www.youtube.com/watch?v=MI9JxMJDZKE&list=PLJethYXgtvJR1QaJzobdkCtzzuExalI0i 2. Study Techniques https://www.youtube.com/watch?v=2By3t0M5CKA&list=PLJethYXgtvJRKeTqEuJq9nzGMuAX1hj2a 3. Job Skills https://www.youtube.com/watch?v=E_9EyONXLkI&list=PLJethYXgtvJTolzAYHZkCME9I4WTq5vFF 4. Group Discussion Tips https://www.youtube.com/watch?v=Hsv4_qN1tkE&list=PLJethYXgtvJQ12suBGNlBdjg9xYYzgO9a 5. Interview Skills https://www.youtube.com/watch?v=37emWxIi8qY&list=PLJethYXgtvJTtyEs9cf28XPj5bHoo1Wk3 6. Personality Development Talks https://www.youtube.com/watch?v=46uANV_a0WI&list=PLJethYXgtvJT-mcC8jGmpUtgwirUfBrpN 7. Communication Skills & Body Language https://www.youtube.com/watch?v=Hsv4_qN1tkE&list=PLJethYXgtvJQaZ8VmqpoWlOWXywU4dhRr 8. Inspirational Talks in Hindi https://www.youtube.com/watch?v=VOzuupbxOKA&list=PLJethYXgtvJSHkMHeX1Uo4kp88dUqIHuj 9. Telugu PD & Soft Skills https://www.youtube.com/watch?v=sYrvZ41JqfA&list=PLJethYXgtvJRkZO90kb5WP5y509KeEqs0 10. Healthy Cookery Recipes https://www.youtube.com/watch?v=Qez_mk83T70&list=PLJethYXgtvJR_lQ8vcAs9_q9qlWik-Va2 11. G.K & IQ Quiz https://www.youtube.com/watch?v=RZyptrjAKSs&list=PLJethYXgtvJQWgmvVtTdtq5lzBRGzQ64R 12. Health Talks https://www.youtube.com/watch?v=dG0hkRLpJnA&list=PLJethYXgtvJS7ze-h-YJRdLfyB99YoDvH 13. Most Watched English Talks https://www.youtube.com/watch?v=VxUawaJBXOM&list=PLJethYXgtvJTatyja4LX_Qn6UwrQu1C4r 14. Most Watched Telugu Talks https://www.youtube.com/watch?v=3c3KM1XjvPw&list=PLJethYXgtvJSGtu3R9z2Wzd9IxdpXXojU 15. English Grammar Classes https://www.youtube.com/watch?v=8W89YBhnUdg&list=PLJethYXgtvJSZVoOVyV56ALJA6OF0rDCM 16. Personality Development Books https://www.youtube.com/watch?v=ppd_4OGjvKU&list=PLJethYXgtvJSrkQeCn1eWRQKcQxYLVxbl Commerce & Management Subject Talks: 1. Financial Accounting https://www.youtube.com/watch?v=SUQMUc3Z3vs&list=PLLhSIFfDZcUUwKluDIB2exPUYc75Va37x 2. Business Law https://www.youtube.com/watch?v=ol2BXgF-P48&list=PLLhSIFfDZcUXbaSuijo00gIh4pj5If0iX 3. Statistics https://www.youtube.com/watch?v=NDO9SzxR3Vg&list=PLLhSIFfDZcUUj3w40cJgOm6WGAPjTp-iQ
Views: 5071 Devika Bhatnagar
Part 1 - Relevant Costs for Decision Making - Sunk and Differential Costs
 
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The links to the problems are no longer working. If you want updated videos (with working links) try this playlist: https://youtu.be/2eG_UVdoJrA In this series of videos we look at relevant costs for short term decision making. There are 6 parts: 1.) Relevant Costs: Sunk and Differential costs discussed. 2.) Keep or Replace old equipment 3.) Drop or retain underperforming division 4.) Make or Buy 5.) Special order 6.) Constrained Resource This video and the attached worksheet were prepared by Tony Bell of Thompson Rivers University (TRU) - I encourage educators to freely use, edit and modify these videos and the attached worksheet - they are available under Creative Commons Licenses.
Views: 109831 Tony Bell
Ray Dalio: Decision Making Approach For Financial Markets and Organisations (2018)
 
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An interview with billionaire investor and founder of the world's largest Hedge fund Bridgewater Associates, Ray Dalio. In this interview, Ray discusses his decision making process and the approach of an idea meritocracy. Ray also talks how other organisations can implement an idea meritocracy, with a focus on government.📚 Books by Ray Dalio and his favourite books are located at the bottom of the description❗ Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Stock Market Investor videos:⬇ Ray Dalio on Hedge funds, Success and Life/Work: http://bit.ly/RDVid1 Charlie Munger on Common sense and Investing:http://bit.ly/CMVid1 Billionaire James Simons: Conquering Wall Street with Mathematics:http://bit.ly/JSVidIA Video Segments: 0:00 Introduction 5:30 Your principles, vision and approach? 22:38 How do you decide who is more believable? 27:03 Advice for improving decision making? 31:22 Is ambiguity a good thing? 34:54 How to you handle moral? 37:24 The White House is the opposite of a idea meritocracy, but the stock market is up? 45:17 Judging someone who is not part of the debate? 47:46 Hard for you to be skeptical of the White House? 50:49 What should you do in the turmoil of the market? 57:53 Start of Q&A 58:23 Practical advice about of using idea meritocracy in a organisation that is resistant to it? 1:01:57 Your framework for predicting the financial crash? 1:08:27 Are college campuses conducive for metricoracy debate? 1:09:32 Potential for recession? 1:14:00 What should we do now to avoid what happened in the 1930’s? 1:16:08 How you ever thought about connecting to government to improve decision making? Ray Dalio Books 🇺🇸📈 (affiliate link) Principles: Life and Work: http://bit.ly/PrinciplesDalio Ray Dalio’s Favourite Books🔥 The Lessons Of History: http://bit.ly/LessonsofHistory Security Analysis: Sixth Edition:http://bit.ly/Securityanalysis Interview Date: 21st February, 2018 Event: Harvard Kennedy School's Institute of Politics Original Image Source:http://bit.ly/RDalioPic7 Investors Archive has videos of all the Investing/Business/Economic/Finance masters. Learn from their wisdom for free in one place. For more check out the channel. Remember to subscribe, share, comment and like! No advertising.
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