PSY263 Tutor-Marked Assignment 02 July 2024 Presentation SUSS
Case Study
Stella is a 37-year-old human resource officer working in a Japanese manufacturing company for more than 7 years. Her husband passed away two years ago and she has to shoulder the responsibility of raising her two young children. She draws a modest but adequate salary and can expect to work in the company until her retirement. On the other hand, it is very unlikely that her salary will increase much before she retires. While attending a career roadshow, Stella chances upon a small, newly founded company which has a highly uncertain future. She is offered the job to handle the human resource department in the company. The new job would pay her a higher starting salary and would offer the possibility of a share in the ownership if the company survives the competition from the larger firms.
Part 1: Individual Activity (10 marks) [Word Limit = 300]
Imagine that you are advising Stella. Listed below are several probabilities or odds of the new company proving financially sound. Please tick the lowest probability that you would consider acceptable to make it worthwhile for Stella to take the new job. Appraise your answer in 300 words and submit it together with the Cover Page.
☐ The chances are 1 in 10 that the company will prove financially sound (high risk).
☐ The chances are 2 in 10 that the company will prove financially sound.
☐ The chances are 3 in 10 that the company will prove financially sound.
☐ The chances are 4 in 10 that the company will prove financially sound.
☐ The chances are 5 in 10 that the company will prove financially sound.
☐ The chances are 6 in 10 that the company will prove financially sound.
☐ The chances are 7 in 10 that the company will prove financially sound.
☐ The chances are 8 in 10 that the company will prove financially sound.
☐ The chances are 9 in 10 that the company will prove financially sound.
☐ The chances are 10 in 10 that the company will prove financially sound (low risk).
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Part 2: Group Activity (80 marks)
Imagine that your group is advising Stella. Listed below are several probabilities or odds of the new company proving financially sound. Discuss as a group how you should advise Stella. After the group discussion, tick the lowest probability that each member would consider acceptable to make it worthwhile for Stella to take the new job.
☐ The chances are 1 in 10 that the company will prove financially sound (high risk).
☐ The chances are 2 in 10 that the company will prove financially sound.
☐ The chances are 3 in 10 that the company will prove financially sound.
☐ The chances are 4 in 10 that the company will prove financially sound.
☐ The chances are 5 in 10 that the company will prove financially sound.
☐ The chances are 6 in 10 that the company will prove financially sound.
☐ The chances are 7 in 10 that the company will prove financially sound.
☐ The chances are 8 in 10 that the company will prove financially sound.
☐ The chances are 9 in 10 that the company will prove financially sound.
☐ The chances are 10 in 10 that the company will prove financially sound (low risk).
Member A: __________
Member B: __________
Member C: __________
Member D: __________
*Group score: ___________
*The group score is the average of the individual score of all members in the group
after the discussion.
Example:
Member A: 1
Member B: 3
Member C: 5
Member D: 5
Group score: (1 + 3 + 5 + 5) ÷ 4 = 3.5
Develop an understanding for the differences between the group score (from the group activity) and the individual score (from the individual activity). Apply the concept of group polarization and examine whether a risky-shift or a cautious shift has taken place by giving a 15-minutes PowerPoint presentation during Week 12 seminar.
- The PowerPoint presentation should consist of between 12 to 15 slides (excluding the references).
- Include a reference list of a minimum of 5 academic sources at the end of the PowerPoint
- Every group member MUST take part in the group presentation.
- Only group leaders need to submit the PowerPoint in Canvas.
For students who are unable to turn up during the Week 12 seminar, they are required to submit an 800-word essay to demonstrate knowledge of the concept of group polarization and appraise the tendency for members of a deliberating group to move to a more extreme position.
