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Employees in deciding their firm strategic goals

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Reference no: EM132390575

Organizations like Whole Foods have traditionally involved all of their employees in deciding their firm's strategic goals (until the firm was purchased by Amazon in 2017).

In Switzerland, many important political decisions are made by referendum (popular vote) rather than by their government. For instance, of the 10 referendums held in 2018, the Swiss people approved a popular initiative to support subsidizing farmers who do not dehorn their livestock with 54.7% of the vote and rejected the government's promotion of sustainable, diverse and gene-technology-free agriculture with 68.4% of the vote.

An assumption behind the involvement of large groups in collective decision-making is that the crowd will make more effective decisions than experts, or the more prepared individuals. Do you agree with this assumption? Justify why or why not by providing a clear, structured explanation of your reasoning in the box below.

Reference no: EM132390575

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