Rationality Test Report: Analyzing Strengths and Weaknesses
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This report analyzes the rationality test and its impact on identifying strengths and weaknesses of individuals. It sheds light on the behavioral characteristics and thinking style of individuals and their impact on managerial operations.
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Running head: MANAGEMENT MANAGEMENT Name of the student Name of the university Author note
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1MANAGEMENT Table of contents Introduction......................................................................................................................................3 Discussion........................................................................................................................................3 Conclusion.......................................................................................................................................5 Reference list and bibliography.......................................................................................................6
2MANAGEMENT Introduction Depending on the rationality test, the intelligence as well as ability of individuals can be measured(RossiandSekhposyan2016).Throughdifferenttests,itbecomeseasierfor understanding the strength as well as weaknesses of individuals that can help to manage the situation in proper manner. On the other hand, identifying the proper thinking style, it can help analyzed its impact on the managerial operations. The purpose of this study is to shed on the rationality test report and analyze its significant impact in case of identifying the strength and weaknesses of mine. Discussion Intheprofessionalfield,itisveryimportantforadoptingeffectivebehavioral characteristics so that it can be easier for individuals to establish their image in the leadership field (Rossi and Sekhposyan 2016). In case of analyzing the management style as well as thinking ability, the rationality test can help to analyze the importance of behavioral economics of mine. By highlighting the particular emphasis on the cognitive biases, it can help to highlight the tendencies which can drive the bad judgment quality of mine. Analyzing the rationality test report, it has been identified that pointing out the stress and weakness of mine is very important in case of understanding the decision making abilities of mine. As per the rationality test report, it has been identified that I am a free spirit. Being a free spirit, I prefer to deal with the situations more emotionally. Colorful and artistic parts can be considered as the important behavioral characteristics of mine. It cannot be denied that near about 21% of the total population are the free spirits (Guidedtrack.com 2019). Analyzing the score, it has been identified by me that I tend to trust on my intuitions in which I prefer to size up the situations based on my judging abilities. By continuing this, it has also been identified by me that I am carefree and open. I prefer to live
3MANAGEMENT each and every moment. I prefer considering the information without making any dispute, which can be considered as one of the disadvantage of mine that can impact on the managerial functions of mine. I am able to override the intuitions if those will mislead me. Analyzing the strength and weaknesses of mine it has been identified by me that I have the 7 specific reasoning skills that have shed light on the strong abilities of mine (Guidedtrack.com 2019). However, analyzing the strength of mine it has been identified that I prefer to learn from the past mistakes, which helps to increase the self-analyzing ability of mine. I prefer in involving in the evidence based arguments, which ensures the critical analytical abilities of mine. Analyzing the quantitative reasoning score in which I got 43.75%, it can be said that I have the mental ability to manipulate the numbers as well as others quantitative information (Guidedtrack.com 2019). On the other hand, it has been identified that I have ability of doing the quantitative reasoning, which can help me to take the management related decisions. In future based reasoning I have scored 68.75%, which means I have the ability to develop the realistic budget and suing my previous experiences, it can be able to perform as a manager in long term projects (Guidedtrack.com 2019). In the evidence evaluation score, I have score 43.75% which means that I have the ability to evaluate the outside information as well as the theoretical applications in the workplace (Guidedtrack.com 2019). By continuing this, it can also be said that I prefer to investigate in every information before taking any decision. I also prefer to understand the values of individuals. In the cognitive awareness, I have scored 31.25% which indicates that I have the ability to analyze my own intuitions and also I am able to override the intuitionsifthosewillmisleadme(Guidedtrack.com2019).Analyzingthestrengthand weaknesses of mine it has been identified by me that I have the 7 specific reasoning skills that have shed light on the strong abilities of mine. However, analyzing the strength of mine it has
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4MANAGEMENT been identified that I prefer to learn from the past mistakes, which helps to increase the self- analyzing ability of mine. I prefer in involving in the evidence based arguments, which ensures the critical analytical abilities of mine. My behaviors sub-constantly and constantly being shaped which makes me more rational. Analyzing the weaker reasoning skills of mine, I have the tendency to explaining my point of view to the audience. Due to this reason I can be driven towards the unnecessary fret over frightening approaches, which can drive me towards ignoring the issues rather than solving them. As I have the characteristics to come up with the explanations in that case it can lead me towards anxiety and stress. It has also been identified by me that I am highly susceptible towards the sunk cost fallacy. By continuing this, the biggest weakness of mine is due to lack of understanding abilities, I mostly prefer the evidence or quality based information. I blindly trust the evidence which are being provided to me. I prefer following the mathematical formula rather than the qualitative analysis. I believe, these characteristics of mine can create challenges for me in case of performing my job in proper manner. Conclusion In this study, it can be concluded that the rationality test tool has helped me to understand all the strength and weaknesses of mine. By continuing this, it can also be said that it has helped me to understand my strength as well as weaknesses. Understanding my abilities it has been identified by me that I can be able to manage a team. I am quite emotional and try to make my decisions emotionally, which can ensure the strong bonding with my colleagues.
5MANAGEMENT Reference list and bibliography Ahmad, A. and Ahmed, K., 2017. Comparative Analysis of Cognitive Architectures for Impact of Non-deliberative Learning on Rationality of Agency.INTERNATIONAL JOURNAL OF COMPUTER SCIENCE AND NETWORK SECURITY,17(10), pp.8-14. Guidedtrack.com 2019. retrieved from:https://www.guidedtrack.com/programs/1q59zh4/run? normalpoints=17&sunkcost=1&planning=3&explanationfreeze=1&probabilistic=1&rhetorical=2 &analyzer=3&timemoney=2&intuition=5&future=11&numbers=7&evidence=7&csr=4&enjoym ent=0&reportshare=0[Accessed on 20thJuly, 2019] Rossi, B. and Sekhposyan, T., 2016. Forecast rationality tests in the presence of instabilities, withapplicationstoFederalReserveandsurveyforecasts.JournalofApplied Econometrics,31(3), pp.507-532. Zhang, D., Cao, H. and Zou, P., 2016. Exuberance in China's renewable energy investment: Rationality, capital structure and implications with firm level evidence.Energy Policy,95, pp.468-478.