Part 1).
The behavior that I am most involved in amplification, forecasting and persuading in the office is motivation between the team followers and staffs.
One the key persistence of association behavior is to manage staffs efficiently. This means that the employee administration is a large part of OB. In doing that administrations need to employee competent personnel and make sure they are sufficiently motivated. While the motivation can be of diverse types (internal and external), the administration of the motivation is what makes staffs efficient and creative. Thus in order to achieve effectiveness and productivity on association level, I believe it is significant to manage worker motivation efficiently.
There are various representations that can be used for this determination. For example, Maslow’s hierarchy, Herzberg’s’ theory, etc.
Part 2).
One of the significant steps to eliminate biases and preconceptions is to admit their presence and to vigorously avoid them. The staffs should receive discernment and diversity training on a regular basis. In addition to this stages of possible judgement/bias such as signing, raises, task, etc. needs to be totally objective. The valuation of staffs or possible personnel should follow objective procedure and assessment criteria.
This should allow plummeting, if not removing, the bias and judgement in the day to day process of the team and the association.
a) expected cash flow per year (same for all 3 years) = (30% x $9 million) + (40% x $4 million) + (30% x -$1 million) = $4 million
initial outlay = $10 million
discount rate = 12%
NPV = -$10 + $4/1.12 + $4/1.12² + $4/1.12³ = -$0.39 million
b) assuming that the project is abandoned at the end of year 1:
NPV = -$10 + $4/1.12 + $6/1.12 = -$1.07 million
Actually things get worse if you decide to sell the project after year 1. The present value of the expected cash flows is higher than the present value of the salvage value.