Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are interviewing for a promotion to a senior m

You are interviewing for a promotion to a senior management position. You have done well on...

50.1K

Verified Solution

Question

Finance

You are interviewing for a promotion to a senior managementposition. You have done well on the interview and are down to thefinal question. Interviewer: our company is quite concerned withhow psychological biases lead to poor investment decisions.

Prompt: If you are promoted,discuss 2-3 specific practices you will put into place to helpdebias the decision-making process of your division. How will thesepractices improve investment decisions?

Answer & Explanation Solved by verified expert
4.4 Ratings (643 Votes)
There is no right or wrong answer to this question The question also very subjective and there is no end to it I have put together my thoughts below Please go through add some more meat around them and create your own answer Decision making in my division is little biased towards using assumptions specific to the firm and not the division independently While deciding managers in my division see the return of the projects against the    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

You are interviewing for a promotion to a senior managementposition. You have done well on the interview and are down to thefinal question. Interviewer: our company is quite concerned withhow psychological biases lead to poor investment decisions.Prompt: If you are promoted,discuss 2-3 specific practices you will put into place to helpdebias the decision-making process of your division. How will thesepractices improve investment decisions?

Other questions asked by students

Q

Titration of Na2CO3 with HCl. You may want to record your answers in the Data Collection...

Chemistry
Q

Calculate the linear electron density of Gallium Arsenide in which its width is 10 nm...

Physics
Q

P Question 5 M Name a secant 3 3 p

Geometry
Q

How much should you deposit at the end of each month into an investment account...

Basic Math
Q

An office machine is purchased for 7300 Assume that its salvage value V in dollars...

Calculus
Q

Un Company sold office equipment with a cost of $42,310 and accumulated depreciation of $38,633...

Accounting
Q

Can someone please help? Swifty Company exchanged equipment...

Accounting
Q

Acme, Inc. stocks a number of different items of inventory. With respect to one item,...

Accounting
Q

Explain the difference between online analytical processing and data mining.

Accounting
Q

What is the present value of $1,000 paid at the end of each of the...

Accounting
Q

Lucia Company has set the following standard cost per unit for direct materials and direct...

Accounting
Q

Assume that you believe that the yield curve is going to steepen in the near...

Finance