Impact of ERP Courses with Business Simulations on Decision Making Abilities of Management Students

2017 ◽  
Author(s):  
Bharat Kantharia
Keyword(s):  
Decision Making ◽  
Business Simulations ◽  
Management Students

scholarly journals Cognitive influences shaping grade decision-making

2019 ◽  
Vol 27 (2) ◽  
pp. 166-178
Author(s):  
Ian Pownall ◽  
Victoria Kennedy
Keyword(s):  
Decision Making ◽  
Factor Analysis ◽  
Data Collection ◽  
Small Sample ◽  
Educational Institutions ◽  
Content Type ◽  
Cognitive Influences ◽  
Data Collection Instrument ◽  
Management Students ◽  
Additional Constraints

Purpose The purpose of this study is to explore the influences that shape the intention of a grading decision at the point at which it is made. This can be particularly important when those influences may vary during the marking process making reflective analyses also difficult to explore. Design/methodology/approach The authors draw upon a small sample of assessed scripts from two UK higher educational institutions and undertake a factor analysis of potentially important influences that shape the grading decision at the cognitive point it is made. Findings The authors’ findings indicate that for the sample analysed, the marker’s most important influences were those associated with the normative view of marking, although they also suggest potential influences from when the script was graded and the fatigue of the marker concerned. Research limitations/implications The work is confined to management students and limited by the sample size. A factor analysis reveals the cluster of influences that contribute to observed grade outcomes but provides less clarity upon relative inter-dependencies between those factors. There are additional constraints in that the constructed data collection tool was self-administered. Practical implications The data collection instrument (VBA Excel workbook) is, the authors believe, quite innovative in capturing immediate cognitive reflections. It could be developed for other decision-making research. The authors also believe there are staff developmental outcomes from the work, to sustain and enhance assurance in the grading process. Originality/value As far as the authors can determine, research that has explored the influences shaping grading and mark allocation tends to be reflective or undertaken after the event. The authors’ research data are constructed at the same time as the grade/mark is determined.

A Role for Theatre in the Education, Training and Thinking Processes of Managers

2006 ◽  
Vol 20 (1) ◽  
pp. 19-24 ◽  
Author(s):  
Christos Nicolaidis ◽  
Naum Liotas
Keyword(s):  
Decision Making ◽  
Impression Management ◽  
Business Environment ◽  
Active Listening ◽  
Leadership Ethics ◽  
The Third ◽  
Thinking Processes ◽  
Education Training ◽  
Impression Management Tactics ◽  
Management Students

This paper addresses the need for managers to possess hard-to-obtain skills in today's complex business environment. To achieve this, they need to expand their borders of knowledge beyond the barriers that logic imposes. This has to be reflected in managers' education, training and thinking processes. The first part of the paper examines how theatre techniques can contribute to the education of management students by exercising decision making, leadership, ethics and empathy. The second part focuses on the theatrical elements and techniques that can be used to train managers in organizations. In such cases the main training topics are innovation, active listening and spontaneity. Finally, the third part of the paper looks at the influence that theatre can have on managers' thinking processes. In this respect, it argues that the interpretation of the business environment as a dramatic scene is valid and accurate. This interpretation can help managers make wiser and better choices, especially when other people and impression management tactics are involved. In conclusion, the authors stress that theatre has been unjustifiably overlooked as a very effective medium for the development of managers' skills.

Nurturing Integrity in Management Education with the Development of an Alternative Web of Metaphors

2012 ◽  
pp. 357-371 ◽  
Author(s):  
Luc K. Audebrand ◽  
John W. Burton
Keyword(s):  
Decision Making ◽  
Management Education ◽  
Graduate Programs ◽  
Education Needs ◽  
Management Students ◽  
The Way

In recent years management education has sought to integrate into both undergraduate and graduate programs a concern for ethics and integrity. If this goal is to be achieved management educators must address the way in which an overreliance on mainstream metaphors (e.g., business-as-war) perpetuates an approach to management which is at odds with ethics and integrity. They need to be mindful of how metaphors are used and the images that they evoke. Part of the challenge in fostering ethics and integrity is to challenge the preconceptions which students have about the nature of business activities. Such attitudes are generally in line with these mainstream metaphors. In this chapter, the authors’ goal is not to find the perfect metaphor; one which will best incorporate a praxis of integrity as a part of management education. Rather they suggest that overuse of any metaphor has distorting effects and that what is the needed is to develop a web of metaphors which will provide management students with a capacity for seeing events from a broader perspective which includes considerations of ethical and value implications. Exposure to different metaphors will lead to different lines of reasoning and decision-making. By using different metaphors to understand the complex and paradoxical character of management, students have the opportunity to see possibilities for action and implications of decisions that they may not have thought about otherwise. In short, it is their claim that management education needs metaphorical pluralism if it is to nurture ethics and integrity.

Gujarat Fisheries Central Co-operative Association Limited

2016 ◽  
pp. 1-7
Author(s):  
Dalvadi Yagnesh ◽  
Madhura Tilak ◽  
Lakew Alemu ◽  
Chetna Makwana ◽  
Vijaya Sherry Chand
Keyword(s):  
Decision Making ◽  
Critical Factor ◽  
Sales Volume ◽  
Fixed Costs ◽  
Rational Decision ◽  
Senior Manager ◽  
Governing Body ◽  
Rational Decision Making ◽  
Introductory Class ◽  
Management Students

Mr D M Patel, Senior Manager, Mobile Fish-selling Vans project, Gujarat Fisheries Central Co-operative Association Limited (GFCCA), had to present a plan to the Governing Body for the project which had been making losses for the last few years. He had GFCCA's annual accounts for 2009-2010 with him, but did not have specific details on the financial performance of the three vans. He needs to decide whether the project should be wound up or should undergo some modifications, while taking into account the objectives of the Governing Body. This case is meant for use in an introductory class in decision making for postgraduate or undergraduate management students to illustrate the process of rational decision making. It is also aimed at helping students write decision reports. The case requires the student to intuitively arrive at an understanding of the problem of fixed costs not being covered by the margin that the project is allowed to make, thus making sales volume a critical factor in breaking even. A second aspect that the students will have to identify is the possibility of reducing fixed costs by addressing cost inefficiencies or by making operational changes.

scholarly journals Improving Teaching Efficiency by Using ACTIVITY-TOOL for MBA Students

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
Dattatry Mane
Keyword(s):  
Economic Growth ◽  
Decision Making ◽  
Modern Society ◽  
Business Organizations ◽  
Mba Students ◽  
Cultural Standards ◽  
Teaching Efficiency ◽  
Management Students ◽  
Effective Use

Managing a business requires the knowledge of a broad range of disciplines so that a number of perspectives can be brought to bear on business problems and decision making. Management students learn the basics from a management course, which can be applied to business organizations of all kinds. Study of management subjects provides an understanding of the areas of knowledge that are fundamental to the administration and management of individual business and also to all other types of organizations. Modern society cannot achieve the aim of economic growth and higher cultural standards without making effective use of the talents of the citizens particularly well-trained managers.

scholarly journals Pengaruh Narsisme dan Empati dalam Pengambilan Keputusan Etis Pada Mahasiswa Akuntansi

2021 ◽  
Vol 23 (1) ◽  
pp. 150-161
Author(s):  
Riani Sukma Wijaya ◽  
Indrayeni Indrayeni
Keyword(s):  
Decision Making ◽  
Ethical Decision ◽  
Ethical Decision Making ◽  
T Test ◽  
Accounting Students ◽  
Work Practices ◽  
Ethical Decisions ◽  
Management Students ◽  
The City ◽  
Very High

The aims of the study is to test empirically the effect of narcissism and empathy in accounting students' ethical decisions. Narcissism is a behavior that shows a very high self-love. Narcissism in this study used The Phares and Erskine Cells Test developed by Phares and Erskine (1984). Empathy is a person's ability to understand the needs of others and society. The study used accounting students in the city of Padang. In determining the effect of narcissism and empathy in decision making, researchers used the case used by Frank (2004). This study uses independent-samples t-test to determine differences in the level of narcissism and empathy in accounting and management students in making ethical decisions. The results showed that there was no difference in the level of narcissism between accounting and management students, but there were differences in the level of empathy between accounting and management students in making ethical decisions. This research is expected to contribute to ethical decision making among accounting students in later work practices.  ABSTRAK Penelitian ini bertujuan untuk menguji secara empiris pengaruh narsisme dan empati dalam pengambilan keputusan etis mahasiswa akuntansi. Narsisme merupakan perilaku yang menunjukkan adanya kecintaan pada diri sendiri yang sangat tinggi. Narsisme dalam penelitian ini menggunakan The Phares and Erskine Selfism Test yang dikembangkan oleh Phares dan Erskine (1984). Empati merupakan kemampuan seseorang memahami kebutuhan orang lain dan masyarakat. Penelitian menggunakan mahasiswa akuntansi yang ada di kota Padang. Dalam menentukan pengaruh narsisme dan empati dalam pengambilan keputusan, peneliti menggunakan kasus yang digunakan oleh Frank (2004). Penelitian ini menggunakan alat independent-samples t-test untuk mengetahui perbedaan tingkat narsisme dan empatisme mahasiswa akuntansi dan manajemen dalam pengambilan keputusan etis. Hasil penelitian menunjukkan bahwa tidak terdapat perbedaan tingkat narsisme diantara mahasiswa akuntansi dan manajemen, namun terdapat perbedaan tingkat empati diantara mahasiswa akuntansi dan manajemen dalam pengambilan keputusan etis. Penelitian ini diharapkan dapat memberikan kontribusi dalam pengambilan keputusan etis diantara mahasiswa akuntansi dalam praktek kerja nantinya.

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