Welcome to the Make Better Decisions With Framing video series. This is the fourth video lesson in a series of eleven and discusses how to properly allocate expenditures and be alert for how mental accounting can contribute to your organization. It’s funny how you can change the way things are perceived, just by the way you say them, isn’t it? If you can change perceptions, can you also change people’s behavior, just by saying things in a particular way? This video series will teach you what framing is, how to know when it is being used on you and how to effectively use it on others.
Overview
COURSE DIFFICULTY
COURSE DURATION
7m
Skills Learned
After completing this online training course, students will be able to:
Understand the Concept of Mental Accounting
Recognize the Impact of Framing on Decision-Making
Apply Mental Accounting Principles to Improve Choices
Analyze Case Studies Illustrating Mental Accounting Effects
Develop Strategies to Avoid Common Decision-Making Pitfalls
Business Professionals, Managers, Team Leaders, Decision-Makers, Students in Business or Behavioral Economics
None
01. Introduction to Mental Accounting
02. Framing and Its Influence on Decisions
03. Real-World Applications of Mental Accounting
04. Strategies for Effective Decision-Making
05. Conclusion and Key Takeaways
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Understand the Concept of Mental Accounting
Recognize the Impact of Framing on Decision-Making
Apply Mental Accounting Principles to Improve Choices
Analyze Case Studies Illustrating Mental Accounting Effects
Develop Strategies to Avoid Common Decision-Making Pitfalls
WHO SHOULD ATTEND
Business Professionals, Managers, Team Leaders, Decision-Makers, Students in Business or Behavioral Economics
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to Mental Accounting
02. Framing and Its Influence on Decisions
03. Real-World Applications of Mental Accounting
04. Strategies for Effective Decision-Making
05. Conclusion and Key Takeaways
