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Option Theory

Throughout the year there have been many important discoveries as a student that I have made. These discoveries have left a positive impact and should improve my experience here at the Alfred College of Business. The presentation on the Ethical Behavior and Accounting Information showed some important things are good to know. The Prisoner of the Truck presentation by Sarkis was an interesting presentation and I took a lot away from this presentation. Also, the Option Theory as a guide for Lifelong Decision Making was a good presentation and I learned a lot from this as well.The "Ethical Behavior and Accounting Information" presentation by Dan Acton brought up a number of ethical decisions which faced those practicing in the accounting profession as well as those privy to an organization's accounting practices. The framework for ethics consist of the principle of beneficence and the principle of no


With these presentations in mind I will be able to not only become a more successful person but I could also make the most educated choices that are possible and available to me. Finally, the "Option Theory as a Guide for Lifelong Decision Making" by Dr. The principle of no harm consists of how we should act and that our actions should lead to no harm to anyone. The principle of beneficence consists of how we should act so that our actions lead to an improvement in the quality of life that we live. These principles are very important discoveries that I have came upon in this class. Using the time is important in order to gather more information and learning more about something enables you to be a better decision maker. Sarkis proved to me that you really do not need to come from something special and a family that is not very well off to become an extremely influential person. Using the Option Theory I was able to understand that decisions should be made when they absolutely have to be made. When knowing this you will look at your actions more decisively and be able to improve the quality of your life. When going to this presentation it allowed for me to really realize what I am capable of doing even though I did not come from a very well off family myself. Martin encouraged us in his presentation that we should put the option theory into our everyday thought in order to make informed decisions and benefit from the risk we take.

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