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June 2, 2006
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
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
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?