Explain the egocentrism or sociocentrism, as well as any pathological tendencies of mind, involved in your thought process.

Provide an example from your own experience where you acted in accordance with one or more of the patterns of irrational or unethical decision making. Explain the egocentrism or sociocentrism, as well as any pathological tendencies of mind, involved in your thought process. How could you have applied the keys to sound decision making to approach the situation more rationally? […]

Why are application of project management principles critical to effective business operations?

Competitive advantage implies the creation of a system that has a unique advantage over competitors. With the advent of globalization, the competition has become stronger and can be located anywhere in the world. The idea behind competitive advantage is to create customer value in an efficient and sustainable way. One approach to address this issue would be the use of […]

Identify at least three barriers that impede an organization’s ability to adopt innovative practices and processes.

Delivering on a value proposition demands constant improvement and innovation as competition changes over time along with evolving customers’ needs and wants. How an organization delivers is not only dependent on its ability to serve the market but also on how well it adapts and overcomes the challenges of its own structure, culture, incentives, and design. However, an organization may […]