Answer: True
Explanation: According to Rey Pfeffer and Robert Sutton, they both advocated that companies can bolster performance and trump the competition through evidence-based management, an approach to decision making and action that is driven by hard facts rather than half-truths, too much ride on gut instinct or intuition, acting without questioning, beliefs, ideologies, and popular fashions of management practices
listed below are the financial and organizational impact on business and how to overcome barriers to evidence-based management in various organizations:
1. Work is fundamentally different than the rest of life
2. The best organizations have the best people
3. Financial incentives drive company performance
4. Strategy is destiny and great leaders are in control of their companies
Structure will give employees more clarity, help manage expectations, enable better decision-making and provide consistency.
Answer:
less developed countries do not have a comparative advantage in the production of any goods or services.
Explanation:
Usually less developed countries do not have a full developed production
Answer:
$65,333
Explanation:
As we know,
Sales price = Variable cost + Contribution cost
Sales price = Variable cost ratio + Contribution margin ratio
100% = 30% + Contribution
Contribution = 100% - 30%
Contribution = 70%
Fixed cost = $19,600
Break even sales = Fixed cost / Contribution margin ratio
Break even sales = $19,600 / 30%
Break even sales = $19,600 / 0.3
Break even sales = $65,333.
Answer:
The correct answer is letter "C": objective value.
Explanation:
Subjective values are those provided by individuals based on their <em>beliefs, perceptions, ideas, feelings, </em>and <em>reflections</em>. Subjective values are biased. Objective values, on the other hand, are based on <em>facts, statistics, evidence, </em>and <em>observations</em>. Objective values are unbiased.
