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Causes of the global financial crisis

View the video “Inside Job” and complete the worksheet soon to be on D2L. Submit on D2L. Here is link to free version of movie: Or watch on Netflix or Rent https://www.youtube.com/watch?v=_bgA78OZmB0

Inside Job (2010) | WatchDocumentaries.com

Documentary narrated by Matt Damon, investigating the causes of the global financial crisis that unfolded in 2007-08 and drove millions of people into bankruptcy and the economy into recession.

documentary-movie.com

If you are worried about computer virus, you can “rent” it online. Or watch on Netflix

In the wake of 2008 , how has this incident impacted on each of the following (As completed electronically, please delete the lines for each)?

Banking Industry?

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The “Economic” Environment of Business/ Business in General?

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In terms of impact on s specific Industry :

Name Industry _

Impact in 2008/2009/2010 period:

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Impact today in 2020 (residual impact) in General – Do some research o Internet:

  1. _
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DECISION MAKING ASSIGNMENT (Make copy & bring to next class) Name

  1. Briefly describe the processby which YOUmake IMPORTANT DECISIONS

2 . DRAW FLOW DIAGRAM that represents this process:

  1. Briefly describe the processby which ORGANIZATIONS make IMPORTANT DECISIONS
  1. DRAWFLOW DIAGRAM that represents this process:
  1. List as many factorsas you can that might undermine the ability of organizations to make “optimal” decisions (PLEASE DO NOT INCLUDE THOSE WHICH ARE PRESENTED IN THE TEXTBOOK):

Give an example of a very flawed decision which you have observed.

What went wrong?

 

Last Updated on May 16, 2020

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