Project One: Bias in Decision Making<br/><br/><br/>Purpose:<br/>The

purpose of this assignment is for you to demonstrate an understanding of how bias affects the way people make decisions. The project is specific to business and illuminates the seriousness of the effect that bias can have on a business decision.
In this project, you will demonstrate research and writing skills, the ability to identify and use primary and secondary source material, use critical thinking skills in the application of bias to the decision and use APA to support ideas, reasoning, and conclusions presented in the project.

Outcomes:

-Identify various bias types
-Explain how bias effects decision making
-Develop research skills in the identification and retrieval of relevant information in the completion of the assignment
-Develop critical thinking and communication skills

Instructions:
Read the following articles that depict some of the worst business decisions in the last century.
10 Worst Business Decisions in History http://www.businessinsurance.org/10-worst-business-decisions-in-history/
Seemed Like a Good Idea at The Time. https://www.forbes.com/sites/erikaandersen/2013/10/04/it-seemed-like-a-good-idea-at-the-time-7-of-the-worst-business-decisions-ever-made/#2c36da003e80

Write an Introduction
Create the introductory paragraph.  The introductory paragraph is the first paragraph of the paper and tells a reader the main points covered in the paper. To help you know how to write an introduction, view this website to learn how to write a introductory paragraph:  http://www.writing.ucsb.edu/faculty/donelan/intro.html
Answer the Following

-Select three bad decisions and explain how each significantly impacted the person or business negatively.
-Identify and define the bias(es) that encouraged the bad decision and explain how and why the bias(es) impacted the decision. Note: In some instances there may be more than one bias so be sure to identify each and every bias associated with the decision. Be sure to explain your reasoning for the selection and explain what led to the conclusion that this particular bias was at play?
-In addition to the secondary sources that your research revealed, you must use at least one primary source regarding the decision. Primary sources could include an interview with the decision maker, historical or legal documents, eyewitness accounts, statistical data, audio or video recordings, or speeches. For instance, if you choose Ross Perot’s pass on Microsoft be sure to use a quote from Perot himself about the choice that supports the identification of the bias. To learn about primary sources versus secondary sources, read https://library.ithaca.edu/sp/subjects/primary. Write a summary paragraph
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Preparation for Writing the Assignment
Before you begin writing the paper, you will read the following requirements that will help you meet the writing and APA requirements.

-Read the grading rubric for the assignment. Use the grading rubric while writing the paper to ensure all requirements are met that will lead to the highest possible grade.
-Third person writing is required.  Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing).  If uncertain how to write in the third person, view this link:  http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person.
-Contractions are not used in business writing, so you are expected NOT to use contractions in writing this assignment.
-You are expected to paraphrase and NOT use direct quotes. You are expected to paraphrase, which can be learned by reviewing this link:   https://writing.wisc.edu/Handbook/QPA_paraphrase2.html.
-You are responsible for APA only for in-text citations and a reference list.
-The expectation is that you provide a robust use of the course readings to support ideas, reasoning and conclusions.
-You may not use books as source material.
-When using a source document, the expectation is that the information is cited and referenced with a page or paragraph number.  Note that a reference within a reference list cannot exist without an associated in-text citation and vice versa.  How to Set Up the Paper
Create a Word document that is double-spaced, 12-point font.  The final product will be between 3-4 pages in length excluding the title page and reference page. Write clearly and concisely.
The body of the paper should consist of a heading for each of the decisions chosen.
APA and writing is a main focus of this paper and should be executed with the utmost attention to detail. In this regard, note that the project calls for at least one primary source. Be sure to include this as part of your supporting material choices. Should you need help in any these areas of APA or writing, please ask the professor for guidance.
Use the grading rubric and instructions as guides. Be sure to cover all that is asked of you in the assignment and do so in a way that will guide the professor into giving a high grade. Finally, all work that you submit for this project should be your own. Remember your pledge to uphold academic integrity in all work that you prepare and submit.