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Decision-Making through Analysis of Wall Street Movie - Case Study Example

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The paper "Decision-Making through Analysis of Wall Street Movie " is a good example of a management case study. It is important to consider making decisions when managing business and organizations as it is an ideal way of planning for the future of an organization according to the movie Wall Street the team is working towards reaching to decisions for the welfare of the organization…
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Decision making though analysis of Wall Street Movie (1945) Affiliation Student name Table of Contents Table of Contents 2 Executive Summary 3 Introduction 3 Importance of individual personality in decision making 4 Decision making and organization culture 4 Significance of decision making to job motivation 5 Decision making and Power 6 Decision making as a tool for the future 7 Conclusion 7 References 9 Executive Summary It is important to consider taking decisions when managing business and organizations as it is an ideal way of planning for the future of an organization according to the movie Wall Street the team is working towards reaching to decisions for the welfare of the organization. Sometimes in the movie the company failed to sustain it profit maximization due to poor decisions made my some members hence calling for proper decision making. Actors are able to show the best way to handle decision making framework as well as the significance of having decisions. It is the due responsibility of all members of staff to undertake decision making for the sake of the company. The movie is a clear show of how business manage their decision making process. Introduction This is a film Wall Street by Michael Douglas, Charlie Sheen, Martin Sheen, Daryl Hannah. It captures the audience on a financial journey throughout the enjoyable and awful section of working and experience years. Regardless of its 1940’s experience, the typecast of celebrity take part in every others’ actor well sufficient to render the movie decision making characteristic with small number of essential principles. It examines into the responsibility of the typecast normally observed in “youngster's jokes” whilst still able to depict deeper connotation. Any person who has been to high school is able to connect in a number of aspects to the actors of the movie as they point out great decision making skills for example Michael Douglas shows an excellent decision making technique as he trades on online forex and earns significant profit. Principal actor Gordon demands those that portray him as a financial mentor should learn to be decision making professional, all in problems for variety of grounds, expend Saturday in confinement jointly put in writing an essay put in plain words their exact nature as well as handling financial analysis skills. As the day get along, the youngsters in the movie discovered out more regarding themselves whilst tackling some cruel realism of existence of making decisions. Although all five actors cultivate connection with every other throughout the movie, they each recognize that approach each day they will end up moving back to their own faction as they entail to make sure the decisions they make has positive impacts to their business. (Liptak, 2010). Importance of individual personality in decision making All through the whole movie all of these personalities get on every one’s nervous tension. On the other hand, as the day persists, they start on to believe one another and find out life lessons in the progression. Every one of these five personalities has to let loose of sentiments at several instances in the movie, which disclose that they all are not whom they appear to be by the observations. It is seen that personalities augments their own viewpoint on the characteristic financial excitement in the movie as they portray business analysis and decision making towards the development and growth of business as shown in the movie. The actors shows that business and individuals shy away from making right decisions for the business considering that decisions can only be made one the business is running at liquidity. This is not the scene in the movie as actors are able to show the decisions should be made each day for the better of the organization. In the start of the film, these five kinds barely had any connection with everyone at all, and if so, it was habitually pessimistic. The actors are compelled to expand their business each day confinement jointly, they started to comprehend that perhaps they aren’t that much dissimilar from each one. Decision making and organization culture The movie endeavours to express to spectators that if persons would get the instance to glance past the marquee linked with their aristocrats, then they will sequentially appreciate and value their peers more. Business culture in broad-spectrum is far too habitually intolerant and permit audience to connect to the soreness experienced by every one of this typescript. A general subject that the majority business personnel have to correlate to is that of being a virgin business venture (Liptak, 2010). Human beings require discovering an approach to touch inside and associate to everybody. The movie is complete with minutiae, and the audience can nearly obtain a trace of business fragrance. Michael Douglas completely selected the melody to go along with the movie, and the typescript, which takes part in by stars at the moment, did a magnificent work of articulating Economical actions. Michael Douglas moreover demonstrated that economical and financial amalgamating jointly for the universal objective of showing the significance of having or undertaking decisions with an organization or business. Every person emits a particular element of his or her personality for the advantage of the collection. They go all the day getting elevated, meeting to new investors and clients, analysing market reports, as well as offering financial advice to their stakeholders. The script is able to show the importance of decision making to corporate and organization culture. Significance of decision making to job motivation Audience of the movie frequently fail to notice the apprehension for upcoming financial issue being raised in the movie. It is a story of interaction and acquaintance; conversely, it can also be a message on the existence and what Michael Douglas believes is a predicament in the business society. Actors represented fully his own dissatisfaction with life identify throughout every one of the persons in the film and permits the audience to think of their own sentiments while viewing the movie, it encourages the audience to depict lessons from the movie in terms of Financial concerns (Lowenstein, 2010). Based on Judith Andre, individuals require ending being fearful of revealing the truthfulness. If Claire and Allison were not fearful of how they possibly will be the talk about for being in the category of virgin, then they would have hold a possibility of being associates long prior to the Saturday confinement. This is the same for all the learners detained. The period used up jointly lonesome in the school collection endorsed them to gaze beyond the camouflage that they all bear. In the course of this, they revealed that they all have same opinions and approaches. For one extraordinary afternoon, the learners are capable to be real self and leaving the typecast and talking on behalf of their associates who tumble into the similar cluster as them. If one of the millions of persons that observed this movie had a transformation of compassion, or determined to glance at somebody in a fresh radiance, then Hughes performed his rationale (Lubin & Esty, 2010). Through decision making employees are able to get job satisfaction and motivations since decision making gives the minority in the organization to air their views. Decision making and Power Michael Douglas possesses skilled power due to his knowledge with confinement. He understands how to stop Wall Street Company from seeing the grouping from his place of work, which permit the grouping superior liberty and making decisions that are of help to the company concerning security management, manipulation, personality, lifestyles, and insider trading concerns. He also understands how to move all through the fortified antechamber on Saturdays. Away from skill, Bender makes use of chastisement as power possessions. He orally intimidates members if they do not act in response to the manner he requests them to act. He acts on an assortment of chores their talks, like as initiator and provider, seek information, provide information, and manager. As devil's activist, Bender appeal into query present rules and values of the group associate and cause them to give a second opinion on their individuality; nevertheless, these conducts also traverse into combatant-regulator responsibility account. Brian also exhibits expert power. He is given authority to put down essay while at the detention for the members as he is thought of as being the brilliant and most excellent. He plays various responsibilities and feel expressed when he asks the members if they will be friends when Monday comes (Wong, 2010). The responsibilities of Michael Douglas are depicted as an encouraging man he supports and welcome disclosures when provided he comes up with outstanding decisions. He emphasizes that when the organizations has financial concern, all members must be there for that person to encourage and support as well to offer their views concerning business management. Decision making as a tool for the future The initial aspect showing the route to the grouping cohesiveness is the quantity of the period and relations they have with everyone. Whereas period alone does not cover the progress of cohesiveness the grouping has not anything as well to do, and abundance of a chance to converse. After eroding some initial and minor activity together, the group begin to coagulate when spotted a common opponent. An initial pointer of cluster uniqueness comes out in when Martin Sheen informs other team members on the expected changes the company is yet to face in the future as it will have a negative trend after unblushing decision on the security market floored leading to the companies running to losses. He also points out no decision should be made if the members are less that 2/3. Conclusion This movie is perfect for economists and financers viewers owing to its precise representing business analyst’s matters. Financers frequently have a robust, optimistic response to the movie and take pleasure in scrutinizing it from an interaction viewpoint. The story gives morals of sincerity and truthfulness and honesty when working as a group. This is so because the story is calling for openness from the members of the group. For one extraordinary afternoon, the team is capable to be real self and leaving the typecast and talking on behalf of their associates who tumble into the similar cluster as them (Liptak, 2010). If one of the millions of persons that observed this movie had a transformation of compassion, or determined to glance at somebody in a fresh radiance, Wall Street is a movie to watch as it plays a significant role in making sure that decisions are coherent to organization as well as individual expectations. References Liptak, A. (2010). Justices, 5-4, reject corporate spending limit. New York Times, 21. Lowenstein, R. (2010). The End of Wall Street. Penguin. Lubin, D. A., & Esty, D. C. (2010). The sustainability imperative. Harvard Business Review, 88(5), 42-50. Wong, D. M. (2010). The Wall Street Journal Guide to Information Graphics: The Dos and Don'ts of Presenting Data, Facts, and Figures. New York: WW Norton & Company. Read More
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