The Managerial Accounting Course Discussion Assignment
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The Managerial Accounting Course Discussion Assignment
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Assess two (2) new areas of knowledge you expanded during this course.
Indicate how these two (2) new areas of knowledge will benefit you in your current or future career.
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Explain what other incentives you might think of to make the nudge more effective and why you might use them.
Scenario 2: Nudging
1.Overview:
Regulations aim to modify how individuals or entities respond to situations. Meleyal (2017) described regulations as the legal framework imposed by the government and the rules that prescribe professional conduct.
The author noted that regulations create duties upon entities and give them responsibilities (p. 934). Similarly, nudging, as an experimental process, enable policymakers to test possible outcomes of policy provisions.
The nudge theory draws primarily on behavioral economics to explain why people behave the way they do and suggests ways that the environment of choice can be structured to lead people to make different choices (Meleyal, 2017; Macaulay, 2018).
As such, nudges are methods to achieve rule adherence through a process of influencing decision making. Besides, the Nudge theorists suggest that, in order to influence others, one must present options that make it easy for those we seek to influence to conform.
Anticipated actions or outcomes must promise or demonstrate a positive outcome in the event of adherence.
The Managerial Accounting Course Discussion Assignment
The Managerial Accounting Course Discussion Assignment Esay
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