Writing Prompt

In chapter 5, from book (Judgment in Managerial Decision Making Max H. Bazerman & Don A. Moore, 8th Edition) we learned about the framing effect and how it influences the decision-making process. The purpose of this assignment is to apply course concepts to your own experiences in school, work, or life. In your response, address the following questions:1 What is the framing effect? ? -Define the framing effect ? -Explain why organizational leaders should be aware of the framing effect ? 2 How has the framing effect affected your past decisions? ? -Describe a time when you may have behaved irrationally because of the manner in which you framed the matter about which you were making a decision. ? -Be sure to list the frame that applies to your specific situation ? -Discuss what went on in your thinking when you made the decision ? 3 How might you have avoided making an irrational decision in this situation? ? -Describe strategies for eliminating framing effects and how they would have helped you in your situation. 1-Define and correctly use key terms and their associated components. Thoroughly respond to each question listed in the prompt. Apply knowledge from the course and/or outside sources in a coherent manner. Provide support for the arguments made in the paper. 2-Paper has a clear, logical structure with sections labeled with appropriate headings. Sections follow basic rules of an essay with a clear introduction and conclusion, as well as strong grammar throughout. Maintain an objective, professional tone throughout the paper.