Real-Life Decision Making
You're a market analyst working for a large investment company. The
stockbrokers in the company are depending on you to make the right decisions
on which stocks to buy and sell.
A lot of money can be made or lost depending on your decisions. Actually,
your own future depends on your ability to make the right ones!
"Basically, you're only as good as your last call on the stocks, so
you have to make sure your odds of being right are fairly good to ensure you'll
get some future business," says Brent Woyat, a market analyst.
You glance at the current issue of Newsweek. The cover story is about a
previously highly successful company, Top Choice Electronics. The headline
reads "When Will the Bad News End?"
According to the article, the company's chief executive officer has
made one mistake after another and has continued to disappoint Wall Street
investors and stockbrokers. Not only that, but there's a serious problem
with their best-selling item. The stock is at an all-time low of $25 per share.
Your phone hasn't stopped ringing since the moment you got to work.
The firm's stockbrokers want to know what you think about Top Choice,
since their clients are anxious to sell before losing any more money.
What do you do?