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June 2, 2006

NEO4 or NEO PR-I

The NEO inventories were developed by Dr. Paul Costa, Jr., and Dr. Robert McCrae to measure five broad dimensions of personality. Neuroticism (N) Extraversion (E) Openness (O) Agreeableness (A) Conscientiousness (C) Note: These broad categories were based on analysis of trait adjectives collected over the years and included in research by theorists such as Cattell and Norman. NEO4 & NEO PR-I Traits Domain Factor Description Neuroticism Looks at different forms of emotional distress and how individuals react by measuring factors such […]
June 2, 2006
DiSC personal profile

Personal Profile System (DiSC)

The Personal Profile System® was first developed in 1972 based on William Moulton Marston’s two-axis, four-dimensional model that divides behavior into four distinct dimensions (abbreviated DiSC). Dominance Influence Steadiness Conscientiousness Note: Marston first published his book, Emotions of Normal People in the 1920s. Unlike his contemporaries, Marston focused on how normal people interacted in the world around them. Marston’s Model Marston’s Model was based on two perceptions: The environment as favorable or unfavorable. The person himself/herself as more or less powerful […]
June 2, 2006
myers briggs

Myers-Briggs Type Indicator (MBTI)

Isabel Myers and her daughter took Jung’s theories about perception and judgment and applied them to individual behavioral patterns, creating the Myers-Briggs Type Indicator. Since everyone perceives things differently, it is reasonable to assume that each person will react differently to different interests, values, motivations, and skills. Definitions Perception involves how individuals become aware of people, things ideas, or events. Judgement involves how individuals develop conclusions based on what they perceive.  Bipolar Scales This indicator looks at four different bipolar […]
December 14, 2005
Botched stock trade

Botched Stock Trade Cost Japan Firm $225M: Government Watchdog Rebukes Stock Exchange, Broker

A Japanese securities firm employee made an error when placing a sell order. Instead of selling 1 share at 610,000 yen, the numbers were reversed and 610,000 shares were sold for 1 yen causing mayhem in the Japanese market.  Want to read more about the cost of this error?
November 11, 2003
typo

Mail Order Price-Listing Typo Cost Company Over $2 Million

The omission of a digit on a mail order site causes company to lose over $2 million in revenue.  Fifteen hundred units had already been sold at the drastically reduced price (19,800 yen instead of 198,000) before the error was caught.  Want to read more about the cost of this typo?

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