1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Phishing is looking for and reporting online scams.<br><br> True or <br> False
MAXImum [283]
False. Phishing is usually considered emails that are sent that look genuine but are actually from scammers trying to obtain personal or financial information. 
4 0
4 years ago
Read 2 more answers
• why do you think starbucks was able to convince so many people that a 400% markup on a cup of coffee that costs 50 cents to ma
bixtya [17]
In short, Starbucks's success can be attributed to its marketing, the environment of its establishments, and its social popularity. Starbucks has managed to present itself as an honest, morally decent, and trendy coffee house that appeals primarily to a millennial audience. Regarding their locations, Starbucks franchises offer an upscale, urban feel that is not offered by many other coffee chains. Another reason is Starbucks embracing social progress and pop culture in their advertising and business design and practices. Finally, the ingredients used in Starbucks coffee are often marketed as premium and upscale, which falls into the advertising used to convince consumers that their product is worth more, even though that objectively, their product is comparable to products that cost significantly less. In short, it is not so much the product that is being paid for, but the name and social stigma/popularity around it, and this is why people do not hesitate to pay more for Starbucks's product. 
5 0
3 years ago
Provide an example of economic regulations that a government might put into place and why
HACTEHA [7]

The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.

3 0
3 years ago
Which one of the following is the price a dealer will pay to purchase a bond? a. bid-ask spread b. par value c. call price d. bi
svp [43]

The bid price is the price a dealer will pay to purchase a bond.

A bid price is an amount that someone is willing to pay for a security, asset, commodity, service, or contract, among other things. In a lot of markets and places, it is referred to as a "bid."

A bid typically represents a reduction from the "ask" price, which is the price at which sellers are willing to accept an offer. The spread between the two prices is known as the bid-ask spread.

Market makers place ongoing bids for securities and may also do so when a seller asks for a price at which they can sell. Unsolicited bids are those that a buyer submits while a seller isn't actively looking to sell, which happens occasionally.

Learn more about price here:

brainly.com/question/18117910

#SPJ4

6 0
2 years ago
Steve introduces in-house technical training programs for employees, as well as a provision to reimburse the tuition fees for em
Feliz [49]

Answer:

B. High performances work practice

Explanation:

High performance work practices are actions that tend to improve an organization's or a company's effectiveness and efficiency. They are practices structured to promote employees knowledge, improve commitment and motivate them. It involves investing in human power aimed at developing necessary skills, knowledge, techniques, and so on. In this scenario, Steve is trying to motivate and retain members of his organization by carry out high performance work practices like inhouse technical training and reimbursing tuition fees for employees who take relevant college courses.

5 0
3 years ago
Read 2 more answers
Other questions:
  • A major shift for personnel management arrived in the 1930's with the emergence of:
    10·1 answer
  • Until recently, The Wisdom Den, a national chain of libraries, hired employees to manually manage annual subscriptions and keep
    14·1 answer
  • Which of the following accounts is not closed? Question 3 options: A. Depreciation expense B. Dividends C. Service revenue D. Ac
    15·1 answer
  • Tangible long-lived productive assets differ from intangible long-lived productive assets in that tangible assets have physical
    10·1 answer
  • a. Paid $40,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years.b. Paid $200 c
    7·1 answer
  • .You recently came into a large sum of cash. After putting a portion towards paying off existing debts, you have decided to put
    6·1 answer
  • The foreign subsidiary of a large corporation is:_________ a) a cost center. b) an investment center. c) not a responsibility ce
    13·1 answer
  • Martin Company manufactures a powerful cleaning solvent. The main ingredient in the solvent is a raw material called Echol. Info
    10·1 answer
  • Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. She might want to open a
    15·1 answer
  • The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers $
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!