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Yuri [45]
3 years ago
11

1. Do you think evidence-based management seems like common sense? If so, why wasn’t it advocated earlier? 2. Are there circumst

ances in which evidence-based management might not be the best approach? 3. Could automated evidence-based management ever replace human decision makers? Why or why not? 4. Would you want to work under Jack Welch’s system at General Electric? Why or why not?
Business
1 answer:
Tom [10]3 years ago
5 0

1. Evidence-based management seems like common sense initially, but the reality is not that simple. Managers are often hired based on their experience. Therefore, people tend to believe their word more than they would believe some types of concrete evidence. Moreover, even when evidence does not change, it can be interpreted in various ways by different people, making objectivity impossible.

2. Sometimes, evidence-based management might not be the best approach. This would especially be the case in situations where a manager might be very experienced. It might be better to trust the manager's interpretation of events as opposed to what the evidence might suggest.

3. It is unlikely that automated evidence-based management could ever fully replace human decision-makers. This is because automated managers might not be sensitive enough to human matters that are important for a correct interpretation of evidence.

4. I would want to work under this system, as ultimately the system is most likely to lead to efficient outcomes. Moreover, under this system, all workers are treated in the same way.

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Jackson company has the following financial information for their most recent fiscal year: Revenues Cost of Sales Interest Expen
irinina [24]

Answer:

The calculations are shown below

Explanation:

The computations are shown below:

But before that, first we have to prepare the income statement so that the values could come    

Particulars Amount  

Revenues $99,700  

Less: Cost of sales -$64,700  

Gross profit $35,000  

Less: Interest expenses -$1,800  

Earnings before tax $33,200  

Less: Taxes -$11,620  

Net income $21,580  

So, the calculations are shown below:

1. Earnings per share = Net income ÷ Common stock outstanding  

= $21,580 ÷ 16,000 shares    

= $1.35 per share

2. Price earnings ratio = Stock price per share ÷ Earnings per share  

= $22 ÷ $1.35    

= 16.3 times  

3. Long term debt to equity ratio  = Long term debt ÷ Total equity  

= $45,800 ÷ $120,000    

= 0.38 times  

4. Total market value = Number of shares outstanding × Market price per share

= 16,000 shares  × $22    

= $352,000  

4 0
3 years ago
Apple invented the modern smart phone but Android con trolled 80 percent of the world market in 2016 because of:__________.
timofeeve [1]

Answer:

Stimulus diffusion

Explanation:

In simple words, When a concept spreads from its historical flame outwards, the original thought is altered by the future followers which is known as stimulus diffusion. Given of the manner civilization adjusts to various environmental, economic, as well as political contexts, mostly all cultural evicting will include some form of stimulus dissemination.

Thus, from the above we can conclude that the correct answer is stimulus diffusion.

7 0
3 years ago
In exchange for $1,500 legal services to help set up the new company, Hickory Grove Corporation issued 100 shares of $10 par val
SSSSS [86.1K]
A credit to common stock for 1000

8 0
3 years ago
Briefly describe a customer experience you have personally encountered where you were unsatisfactory when you purchased a good.
sattari [20]

Answer: Faulty Mother board ordered on AliExpress

Explanation:

A while back my Laptop developEd power issues wasn’t turning on, took it down to the technician who told me it had board issues as it wasn’t responsive. And the only solution was me getting a new mother board. Well i ended up ordering the board from Abroad on Aliexpress the board arrived damaged Was bent all efforts to get a refund or a replacement was proving difficult as the seller and AliExpress were hell bent on frustrating me. At the end was refunded but that was like over a month was one hell of an experience.

6 0
4 years ago
Consider the following duopoly in which the two firms sell a homogeneous product. The inverse demand is given by p = 10 − 1 2 Q.
Feliz [49]

Answer:

Price will be 6.6

Explanation:

You can find the attached file.

Download docx
3 0
3 years ago
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