...our brains are comprised of two main systems: one that has the ability to think fast and another that thinks slow. Naturally, the first system acts on impulse. This part of the brain operates automatically and almost effortlessly, controlling our involuntary actions such as reacting to a dangerous incoming object or telling our hearts to keep beating. The second system, however, acts in a more methodological manner - it processes inputs and information instead of acting purely on intuition and natural inclination. This part of the brain is usually responsible for helping us solve computational problems and serves as the “hub” for most of the critical thinking we do. In the first chapter of Thinking, Fast and Slow, Kahneman claims that these two systems of the brain are analogous to two characters or personalities that are always competing with one another. He states that system one functions off heuristics - which are the biases that exist in our intuition - and that system two is then faced with the task of evaluating and attempting to fix those biases (often failing to do so effectively). Therefore, one of the main points of his book is to elucidate how to “recognize situations in which mistakes are likely and try harder to avoid significant mistakes when the stakes are high”. In the second chapter of Thinking, Fast and Slow, Kahneman describes how most humans have a natural tendency to think fast. This is because system two usually requires more thought and “work” and history...
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...People live in a world where they constantly have to meet deadlines and do so in a timely fashion. In the world today, it is so fast paced, people forget to settle down and appreciate the moments they have. Think about today, going several places, hundreds of things crossing a person's mind; Do they ever remember to live in the present? Today, people can instantly connect to millions of people throughout the world. Today,a person can make a once 30 minute trip into a 5 minute trip. With the world today being so fast, it is easy to forget how it used to be. At one time, it took days to communicate across the world; Now, it takes a few presses on a screen and a few seconds. People sometimes forget to slow down in our busy world. David L. Weatherford tries to bring light to this everyday struggle of hurrying through life. Weatherford uses his own personal experiences and several different literary devices such as imagery,...
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...Some people think that the Stampede VXL is better than the Stampede 4x4. I believe that the Stampede 4x4 is better than the VXL. I think this because it is easy to control, it drives well off road, and it maxes out faster. (Stampede 4x4 is four wheel drive, the stampede VXL has a Velineon motor that makes it go faster. The Stampede 4x4 is better than the VXL because it is easy to control. When things go super fast they often get harder to control. Traxxas a R.C. car maker says “The Stampede VXL goes 60+ miles per hour and the Stampede 4x4 goes 30+ miles per hour.” While the Stampede 4x4 maxes out at 30 miles per hour the VXL keeps getting faster and harder to control. If something runs out into the way of the car while going 60 it will either...
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...things are in need of saying. 1) the so called fast lane is always for the "faster driver" BS! I personally have seen both if not all three lanes be used as a "slow lane" it didn't matter where I lived... From Georgia, to Florida, to Oregon, to California, to Arizona, back to Florida and finally in Tennessee... it did not matter 2) the fact that slow drivers in the left lane should be ticketed... again BS if you really think that is THAT horrible that they are moving that slow, how about you pass them on the right and go about your merry way. there is nothing stopping you from taking the 10 seconds to pass them. then you could speed along your merry way. this article was well written, i will not lie, however, saying that all drivers need to go fast or faster to be allowed in the left lane is utter nonsense... speed limits were made for the speed that it was averaged out to be. if the speed limit is in fact 60 and that person is going 60, they do NOT need to be cited. the ones that need to be cited are the tailgaters, road ragers and in general...
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...Once upon a time there was a hare that kept bragging about how fast he could run and that he was faster that everyone else, he also was harshly teasing the tortoise for how slow he was. Then one day, the irritated tortoise answered back: “Who do you think you are? You sure are fast, but you can be beat!” The hare exclaimed with laughter. “Beaten in a race? By who you, I bet there’s nobody in the world that can win against me I’m so fast. Now, why don’t you try?” annoyed by all the bragging, the tortoise accepted the challenge. A course was planned, and the next day at dawn they stood at the starting line. The hare yawned as the tortoise headed off slowly. Once they began and the hare saw how slow the tortoise was, he decide to take a quick nap and disclaimed “take your time” ‘I’ll catch up to you in a minute.” The hare woke up with a start from his little nap, looking for the tortoise. But he was only a short distance away, having barely covered a third of the course. Breathing a sigh of relief, the hare decided he might as well have breakfast too, and off he went to eat some cabbages he had noticed in a nearby field. But the heavy meal and the hot sun made his eyelids droop. With a careless glance at the tortoise, now halfway along the course, he decided to have another nap before winning this race. He was smiling at the thought of the look on the tortoise’s face when it saw the hare speed by then fell fast asleep. The sun started to go down, and the tortoise, which had...
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...The book that I chose for this book review is Thinking Fast and Slow by Daniel Kahneman. He is an Israeli-American psychologist and winner of the 2002 Nobel Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-making, behavioral economics and hedonic psychology. The main thesis of the book is quite simple. When judging the world around us, we use two mental systems: Fast and Slow. The Fast system (System 1) is mostly unconscious and makes snap judgments based on our past experiences and emotions. When we use this system we are as likely to be wrong as we are to be right. The Slow system (System 2) is more rational, conscious and slow. They work together to provide us with a view of the world around us. Together, they shape our impressions of the world around us and help us make choices. System 1 is largely unconscious and it makes snap judgments based upon our memory of similar events and our emotions. System 2 is painfully slow, and is the process by which we consciously check the facts and think carefully and rationally. Problem is, System 2 is easily distracted and hard to engage, and System 1 is wrong as often as it is right. System 1 is easily swayed by our emotions. Some examples he cites include the fact that pro golfers are more accurate when putting for par than they are for birdie, regardless of distance, and people buy more cans of soup when there's a sign on the display that says "Limit 12 per customer." An easier way...
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...of offering some commonly diverse choices. So today you can buy sushi in either France or Germany. This makes France and Germany more alike, yet in my view this is closer to being an increase in diversity than a decline in diversity. If we think of societies that have very well developed markets—for example the United States—what we find happening is not that everyone, for instance, buys or listens to the same kind of music. As markets have allowed suppliers to deliver products to consumers, we’ve seen a blossoming of different genres of music. In the 20th century the United States evolved rock and roll, rhythm and blues, Motown, Cajun music, many different kinds of jazz—ragtime, swing, stomp—heavy metal, rap. The list goes on. When I look at the empirical evidence from societies with well-developed market economies, I find that what people want to buy is not fixed or biologically constructed. When the cost of supplying products goes down, people tend to use culture to differentiate themselves from other people, to pursue niche interests, to pursue hobbies. It’s the poorer or more primitive societies in which people specialize in one type of consumption. If you go to pygmy society in the Congo, for Critics of globalization contend that, even if increased trade promotes material prosperity, it comes with a high spiritual and cultural cost, running roughshod over the world’s distinctive cultures and threatening to turn the globe into one big, tawdry strip mall. George Mason University...
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...There are several statistics that show the risks of driving. The one that stood out to me the most was the result of speeding too fast. Speeding is something that is not difficult to keep under control. All it takes is glancing down at your speedometer, every once in awhile, making sure that you aren’t going any faster than was is appropriate. Out of the top 5 leading causes of death for teens on Utah highways, speeding too fast was second with a 22%, but overall, it is the first with a high percentage at 42. Keeping control of your speed gives you better safety and keeps you at a low risk for harm and accidents. Other than speeding too fast, another statistic stood out to me more than the others. Twenty percent of the leading causes...
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...of offering some commonly diverse choices. So today you can buy sushi in either France or Germany. This makes France and Germany more alike, yet in my view this is closer to being an increase in diversity than a decline in diversity. If we think of societies that have very well developed markets—for example the United States—what we find happening is not that everyone, for instance, buys or listens to the same kind of music. As markets have allowed suppliers to deliver products to consumers, we’ve seen a blossoming of different genres of music. In the 20th century the United States evolved rock and roll, rhythm and blues, Motown, Cajun music, many different kinds of jazz—ragtime, swing, stomp—heavy metal, rap. The list goes on. When I look at the empirical evidence from societies with well-developed market economies, I find that what people want to buy is not fixed or biologically constructed. When the cost of supplying products goes down, people tend to use culture to differentiate themselves from other people, to pursue niche interests, to pursue hobbies. It’s the poorer or more primitive societies in which people specialize in one type of consumption. If you go to pygmy society in the Congo, for Critics of globalization contend that, even if increased trade promotes material prosperity, it comes with a high spiritual and cultural cost, running roughshod over the world’s distinctive cultures and threatening to turn the globe into one big, tawdry strip mall. George Mason University...
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...MAPUA INSTITUTE OF TECHNOLOGY School of Industrial Engineering & Engineering Management Project in SVM101 “Documentary About Service Management In BayanTel” SVM101 – A1 Introduction to Service Management Submitted by: Submitted to: PASCO, Carlson D. Prof. Elisier Fantillo APARRI, Joseph P. QUITORIANO, Marlowe R. BANGOY, Rex B. Introduction Bayan Telecommunications, Inc. (BayanTel) is a telecommunications company serving areas in Metro Manila, Bicol and local exchange service areas in the Visayas and Mindanao regions combined cover a population of over 25 million, nearly 33% of the population of the Philippines. Its operating units in the provincial fronts are the following: BayanTel - Bicol for Bicol region; BayanTel - Eastern Visayas for Samar & Leyte provinces; and BayanTel - South Mindanao for Davao del Sur and South Cotabato particularly Davao City and General Santos City, and BayanTel - Agusan for North Mindanao areas particularly Butuan City and Agusan Towns; respectively. BayanTel is also a provider of data and communications services such as dedicated domestic and international leased lines, frame relay...
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...commercial I thought that it made absolutely no sense until I put everything together. They all make sense but in the most complicated way, you really have to pay attention. In each commercial a guy from AT&T is in a classroom with elementary school kids asking them questions and they respond saying whatever is on their minds. In the more commercial this is what occurred. AT&T Guy: “Who thinks more is better than less?” All the kids raise their hands AT&T Guy: “Okay, why?” Girl: “More is better than less because if stuff is not less... if there's more less stuff then you might, you might want to have some more and your parents just don't let you because there's only a little.” AT&T Guy: “Right” Girl: “We want more. We want more. Like, you really like it. You want more.” AT&T Guy: “I follow you.” Announcer: It's not complicated. More is better, and AT&T has the nation's largest 4G network.” In the werewolf commercial this is what occurred. AT&T Guy: “So do you guys think being fast is better than being slow?” Kids: “Yes.” Girl: “It’s better to be fast to not be beaten by a werewolf, and then you’ll be turned into one. And you’ll have to stay in, and then you have to get shaved, because you’ll be too hot. And then you’re like rarararara which means I wish I was back to a human.” AT&T Guy: “What?” Announcer: It’s not complicated faster is better, and AT&T is the nation’s fastest 4G LTE network for your iPhone 5. In...
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...Professor Rufus Robinson Assignment 3: Business-Level and Corporate-Level Strategies Business 499 February 17, 2014 The business that I chose to research is General Electric. GE is one of the oldest and largest businesses in the United States. They are ranked #26 largest firm in the U.S and the 14th most profitable. GE is a massive, diversified and profitable conglomerate with a lot of very good but unrelated businesses. GE has expanded to incorporate television, airplane engines, medical devices, household appliances and commercial financing. Analyzing GE’s business-level strategy is somewhat difficult being that GE has so many different divisions. Any of these products would serve as a large and viable business on its own but GE has them all under one corporate umbrella. GE’s business level strategy states “GE is building the world by providing capital, expertise and infrastructure for a global economy. GE Capital has provided billions in financing so businesses can build and grow their operations and consumers can build their financial futures. We build appliances, lighting, power systems and other products that help millions of homes, offices, factories and retail facilities around the world work better.” Figure 1 GE’s Organizational Structure and Business Portfolio. 2001 Figure 2 GE’s Organizational Structure and Business Portfolio. 2007 What is most important to the long-term success of GE is long term growth and investing in innovative opportunities...
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...Doyle / Digital Response In Doyle’s article, he mentions basically two types of living styles: living fast and working busy like a hummingbird, or living slow like a tourist or a whale. After that, in the readings that we had on Friday, we simply concluded how the advanced technology affect out life style. I think the Doyle’s article and the readings can be related together. For the people who keep using their phone or laptop to communicate with the others and work, the life style should be considered as the fast speed way; and for the people who unplug their technological products frequently and enjoy the technology-free activities, the life style will be slow or natural life. It’s very hard to say which life style is better because different people has different preference. However, as for me, I would like to slow down my living speed and enjoy myself a little more. I collected six “texts” that is relative to the unplugged or technology-free living. One of the articles’ title is “When Apple and Blackberry were Just Fruits”. In the recent years, Apple products become super popular within U.S., as least toward the people around me. While walking on campus or having classes, I can see Iphone and Mac everywhere. People use those technological products for the entire day, basically from 8 a.m. when they wake up until 1 a.m. when they go to sleep. Whenever we talk about the word apple, the first thing that comes up into mind is the technological product instead of real apple...
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...how does Zara get new styles to its stores so fast? Zara is nimbler and faster to the market. This will be important as fashion trends globalize."1 If you ever shopped at Zara, the ubiquitous clotting store,you may have noticed its trendy offering is extremely fast.But how does Zara get new styles to its stores so fast?I think it's because of its effective supply chain.The Zara's vertically integrated supply chain system enabled the company to place the latest designs in any store across the world within a period of two to three weeks. 2 In my perspective of view it mainly depends on its efficient production,distribution and retailing. First of all,different from other clothiers,Zara has its own textile and clothing factories,To simplify the production process , Zara's clothing generally have three sizes,three colors and three numbers,and they prepare the cloth cut computer-oriented according to the design template and then subcontracted to garment factory to sew slopwork at a fast rate.The high efficiency of operations management makes the production speed high, meanwhile it can reduce the inventory costs caused by stagnation pressure. In Zara's distribution center, about 75% of the clothing is shipped by truck directly to stores in Europe , the remaining 25 % will be transported by aviation and vehicles to further contries , such as China and United States . This ensures Zara's fast and efficient logistics. Further more,Zara has sophisticated IT system, store managers...
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...Jason Drago Professor Bhargave Marketing 4093 24 February 2015 Thinking Fast and Slow Thinking Fast and Slow is a book written by Daniel Kahneman. The book contains over 40 years of his and his colleague’s research on the human mind and the way humans make judgments and decisions. Kahneman makes the book very intriguing by applying his experimental findings to his concepts throughout the book. His hope for the readers of this book is that they will be able to recognize when our brain tries to act irrational, and gives steps to take to try and make rational decisions. The book begins with an introduction on the work between Daniel Kahneman and his good friend Ramos Tversky. The two began to work together in 1969 and wrote an article on intuitive statistics. It was then that they realized that they really enjoyed each others company and that together, they were capable of discovering things that each on there own could not achieve. This is what led them to continue to work together for fourteen years. Throughout the fourteen years, the pair wrote many articles with their two greatest works being, “Judgment Under Uncertainty: Heuristics and Biases” and “Prospect Theory: An Analysis of Decision Under Risk.” These two works became very influential to many in the field of research in judgment, decision-making and behavioral economics. Kahneman went on to win the Nobel Prize in 2002 for his and Amos’ work on judgment, decision making, and prospect theory, but he says that...
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