Case reflective anaysis for desicion making Essay

Case reflective anaysis for desicion making - Essay Example Then I decided to sell the oversized room to the guest with a negotiable prize to reduce the lost and maximize the profits for the organization. After the guest check-in, the hotel manager told me that one of the up side stakeholder will came to the hotel that night and so I needed to organize the exclusive president room for him. But there was no more available room I could offer for him. I could only refuse the order and provide another room for the guest. After this, the hotel manager not satisfied with my decision, but there was no negative impact for my good job performance. Due to a continuous long term full room occupancy task, I got a promotion to be a higher-level manager in the Hotel. Analysis of Case Bounded rationality impact for my decision making I decide to promote the presidential room as a lower price to the walks in customer because of the bounded rationality. Bounded rationality is individual’s personal cognitive abilities to take decision towards rational o utcomes and optimal decision making style (Kalantari, 2010). Individual’s personal decision making is hindered by various external and internal factors as decision making is a complex process of understanding cognitive abilities and personal abilities. Sometime manager hold bounded rationality theory in to action for taking decision as neo-classical theory cannot justify and hold in real world decision making where the limitations are in excess (Saphiro, 1997). Foe example, selling the rooms with a lower price is a method to outcome the economic depression. As the manager, I should carry on decision while understanding objectives supports the decision making process for organization. Moreover the individual cognitive ability tends to impact the decision making process as cognition ability of every individual vary person to person. (Robbins and Judge, 2011). Therefore, I must kept in mind and help staff to make a better decision when they working. So based on the bounded ratio nality, I cannot sell the rooms with the normal price which will lead low profit for the hotel. Therefore individual’s decision making is affected and influenced by various elements of intrinsic and extrinsic factors that needed to understood in order to completely understand the decision process. Various methods can be utilized for making decision making as it can referred that individual sometime behavior of the decision maker directly associate the decision outcome (Nicholson and Snyder, 2007) Risk and uncertainty in decision making In hotel room management, which involves the sale of rooms to guests, several acts of risk and uncertainty comes up. These risks and uncertainties increase as the rate of options in decision making increase (Hissam and Daniel, 2009). The reason this is so is that hotel rooms come with different values and costs. In most cases however, customers do not come to request for rooms according to the value and cost of rooms. In such a case, the hotel sales manager is said to be faced with risk and uncertainty. The risk is in the fact that if the manager sales out the room at a reduced cost, there may be another customer coming in with the right bid for the hotel room. The uncertainty also has to do with the fact

The effects of the educational assessment on the students life Essay

The effects of the educational assessment on the students life - Essay Example Assessments take different forms and range from simple but subjective judgments to complex standardized tests. Educational assessments have profound effects on the lives of students. This is because they often determine the chances that a student has to advance in academics and other aspects of life. This paper focuses on effects of educational assessments on the students’ life. In any learning institution, assessments form an integral part of the curriculum. They indicate how well the students understand academic aspects. Additionally, the results obtained after the assessments are used for different purposes such as education advancement, grading, seeking funds, and in placement or ranking of students. Depending on the purpose that the assessment was designed for, the effects of the outcomes affect students differently (Gibbs and Simpson 16-19; Mclnerney, Brown and Darmanegara 72-76). Every assessment is designed to serve a given purpose. Academic assessments are intended to determine the student’s status regarding a given topic. There are numerous arguments on whether assessments reflect the intelligence of students. Traditionally, the role of teachers entailed teaching or instilling knowledge on the students. The students were supposed to concern themselves with learning whatever the teacher teaches. Assessment was considered a tool of evaluating how well the students had understood. The focus of the assessment was for judging the students (Mclnerney, Brown and Darmanegara 101-104). The effects of educational assessments on the students life is greatly determined by the purpose of the assessment. Learning institutions and instructors use assessments for varying purposes. Being able to determine the level of knowledge in students can be hard. Assessments are important in that they enable the instructors determine the level of knowledge a student possesses. Assessments are used in making educational decisions such as whether a student is qualifi ed to proceed to the next learning level. This is because the assessments are supposed to evaluate if the students have the capacity to understand courses given at each level. If students fail to prevail in a test, they may be barred from proceeding to the next academic level. Therefore, assessment affect the rate at which student complete a curriculum. Assessments for purposes like those that have been discussed above should be tailored appropriately to ensure that they are reliable and fair (Gibbs and Simpson 24-26). There is always competition for resources. Assessments are often used to determine the individuals who can benefit from such resources. Awards such as scholarships are often based on academic performances. For students who may not have enough finances and may want to apply for scholarships, assessments are crucial. They are often used by those awarding scholarships for selection purposes. In such cases, assessments may determine the chances of the students to further their academics (Gibbs and Simpson 24-26). Academic assessments may result in labeling of students as failures or achievers, depending on their scores. Since assessments are used to evaluate the level of knowledge in students, those students who fail to achieve the set pass mark are considered failures while those who prevail are considered successful. Being considered a failure or successful has effects on the students. When students fail,