Trends in 21st Century - Long Quiz
Robert Holton, 2008
Global networks are a major feature of the contemporary processes of globalization "which are highly evident in the every day lives of people and organizations" and operate beyond a country's borders.
Loss-Aversion Heuristics
Giving more weight to this advantages
Manuel Castells
Global network is a key element within social change, in the operation of power, and in the relationship between social structure and human agency.
Trends
These are conceptualized ideas that has the prospect of providing or continuing influence for a long period of time.
Affect heuristics
"gut feeling" or "gut reaction"
CBA (cost-benefit analysis)
(also BCA) It is a systematic method or process of calculating the strengths (benefits/advantages) and weaknesses (costs/disadvantages) of each of the alternative solutions to a given problems in monetary values.
12 types of global networks
1. Advocacy Network 2. Business, Trading, and Commercial Networks 3. Friendship Networkd 4. Imperial Networks 5. Information Networks 6. Knowledge/Intellectual Networks 7. Migrants Networks 8. Policy Networks 9. Professional Networks 10. Religious Networks 11. Terrorists Networks 12. Women's Networks
3 Forms of Good Thinking
1. Creative or Innovative Thinking 2. Meditative Thinking 3. Instinctive Thinking
Differences between FAD and Trend
1. Duration of Time 2. Number of Industries Affected 3. Industry Acceptance 4. Consumer Adoption and Perception of Overall Quality 5. Reason for Rise 6. Incubation Period and Life Span 7. Scope 8. Cultural Roots
Elements and Characteristics of a Trend
1. Duration of time 2. Acceptability 3. Cultural Basis 4. Transitory Increase or Decrease
Two basic kinds of thinking process or system
1. System 1 (Intuitive Thinking) 2. System 2 (Strategic Analysis)
2 Major Types of Global Networks
1. Technical Global Network 2. Interpersonal Global Networks
FAD
A short-lived idea or temporary event that is usually called as a "flash in the pan" because the popularity fades away easily over a short period of time.
Cultural Basis
A trend continues and persists because people have seen it as a part of the society's culture.
Transitory Increase or Decrease
A trend shows a transitory increase or decrease of a particular idea, event or phenomenon.
Fringe
An innovative idea whether in the form of a new product, service, or other forms.
Association Heuristics
Associate with the word or idea
Systematic
Being coherent and organized in one's reasoning.
Truth-seeking
Being concerned with becoming and remaining well-informed.
Open-minded
Being considerate of divergent views of being flexible in considering views and opinions.
Satisficing Heuristics
Considering our alternatives
STEEPLE/STEEPLED
Ethical and demographic
Roger, Cohen, Vertovec (2001)
Global networks are a trademark of world evolution in the early 21st century and is made up of dynamic and flexible types of connection between, individual, groups, or organization, that criss-cross the world.
Analytical
Having the dispositions to understand complex concepts by means of simple concepts.
Confident in reasoning
Having trust in the process of reasoned inquiry and self-confidence in one's own ability to reason.
Judicious
Having, showing, or done with good judgement or sense.
Simulation Heuristics
Imagine various scenarios will happen
Trendy
In this stage. consumer and public awareness of the trend grows as the early adopters participate together with innovators to increase the perceptibility of the trend.
Critical Thinking Skills
Interpretation, Analysis, Inference, Evaluation, Explanation, Self-regulation
PEST (political, economics, social, and technological) analysis
It examines the effects of relevant external factors, or the macro-environmental factors, on what is being decided on.
CEA (cost-effectiveness analysis)
It generally proceeds in the same way as CBA in the sense that it is likewise a systematic method for weighing the strengths and weaknesses of all alternatives in a given problem.
Global Networks
It includes network enterprises, electronic network technology, network states, network of political activists, and terror networks.
System 1/Intuitive Thinking
It is characterized as the form of thinking that is intuitive, heuristic, unconscious, and fast.
Quality-adjusted life years (QALY)
It is generally referring to the improvement in the quality of life given the number of years in one is expected to live, which is used to measure the outcomes of policies in the area of healthcare.
SEU Analysis (subjective-expected utility analysis)
It is the kind of analysis examines in decision theory, the discipline that provides a rational framework for choosing between alternative courses of action when the consequences resulting from the choice are imperfectly known.
Critical Thinking
It is the methodological analysis of reasoning.
System 2/Strategic Analysis
It is thinking as analytic, rule-based, conscious, explicit, and slow.
SWOT (strengths, weakness, oppurtunities, threats) Analysis
It was conceived originally to aid decision makers in the areas of business and industry. It is also sometimes called Internal-External Analysis.
Availability Heuristics
Just something that will most likely to happen
SLEPT
Legal
PESTEL/PESTLE
Legal and environmental
SPELIT
Legal and intercultural
Variants of PEST analysis
SLEPT, PESTEL/PESTLE, STEEPLE/STEEPLED, SPELIT
Risk-Aversion Heuristics
Settle for a sure advantage or gain
Mainstream
The conservative consumers joined the trend. The idea's popularity continues to increase.
Inquisitive
To ask intelligent and relevant questions to acquire a deeper understandung of things.
Evaluation
To assess the credibility of the statements and the logical strength of the inferential relationships among them
Explanation
To clearly and coherently present the result of one's reasoning.
Interpretation
To comprehend and express meanings.
Inference
To identify and gather information necessary in drawing conclusions and forming conjectures and hypothesis.
Analysis
To identify inferential relationship among statements or beliefs.
Self-regulation
To self-consciously monitor, assess, and correct one's own reasoning.
Acceptability
Trends are popularly accepted by many industries and people. Trends tend to stay longer because they receive from consumers and companies.
Duration of Time (E)
Trends have longer staying power and enjoy long period popularity. The life span of products or ideas that become trend do not disappear quickly as opposed from a fad because fad have shorter period of acceptance from people.
Critical Thinking Attitudes
Truth-seeking, Inquisitive, Open-minded, Analytical, Systematic, Judicious, Confident in reasoning
Anchoring-and-Adjustment Heuristics
Using value or number as a starting point, serving as our "anchor"
Similarity Heuristics
What happened to suspense else will happen to you
