Decision Making Techniques

Decision Making Techniques
Read the attachment attached for more of detail instructions from the Professor. The point of this paper is for you to apply the decision making techniques to the area of managerial accounting.
Professor Detail Instructions MGMT311 Assignment 2
(below are The Professor’s Exact words for these Instructions:

For this assignment, you need to review chapter 11 in the text – by Bauer, T., & Erdogan, B. (2012), Organizational behavior (1.1 ed.). Nyack, NY: Flat World Knowledge.
In addition, you need to read chapters 8, 9, 10 and 11 in Accounting in a Nutshell. – Walker, J. (2009). Accounting in a Nutshell : Accounting for the Non-specialist. Amsterdam: Elsevier/CIMA.
By the way you can use these for some of your references:
Bauer, T., & Erdogan, B. (2012), Organizational behavior (1.1 ed.). Nyack, NY: Flat World Knowledge
Accounting in a Nutshell. – Walker, J. (2009). Accounting in a Nutshell : Accounting for the Non-specialist. Amsterdam: Elsevier/CIMA.

Please refer to the bottom of page 287 in Accounting in a Nutshell. Read Self Test Question 4. I would like you to use the information from this question to respond to the following:
• What decision making model would you use to make this decision?
• Are any of the decision-making traps discussed in our text in danger of clouding your judgement?
• Would any of the tools and techniques for making better decisions assist us in this decision?
• What is your final decision and why?
Please NOTE:
I. Please be aware that I am not asking you to provide the calculations for this problem.
II. While I would like you to understand how the problem is solved, the solutions are at the end of the section, so you should have the accurate information to make your final decision.
III. The point of this paper is for you to apply the decision making techniques to the area of managerial accounting.
IV. In addition, use the above bullets as a guide for your paper…I do not want to see these listed as individual sections within your paper.
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