Potential for distortion and possible manipulation

Assignment Help Operation Management

Reference no: EM132144175

Suppose the Economics Department has asked for your help in evaluating the instructors in the department. What two performance measures would you recommend the department use? For each one, discuss the uncontrollable risk, potential for distortion and possible manipulation. Would you call each measure narrow or broad?

(Example: PM = student attendance rate. Risk = professors can't actually control whether students come to class or not. Distortion = I can't think of obvious distortions - perhaps making class really fun to the detriment of actual learning. Manipulation = the professor could bribe the students to come to class, by offering A's for anyone with a perfect attendance rate for example)

Reference no: EM132144175

Questions Cloud

What is the probability of a patient in the clinic : 1) What is the probability of a patient in the clinic having lung cancer given they are a smoker?

What are your marginal costs for each customer load level : Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are.

How many tires should rocky mountains tire order : How many tires should Rocky Mountains tire order each time it time it places an order? What is the total cost of this policy?

Organizations faces today in marketing-finance : What are the challenges this organizations faces today in marketing, finance, organizational behavior?

Potential for distortion and possible manipulation : Discuss the uncontrollable risk, potential for distortion and possible manipulation. Would you call each measure narrow or broad?

Identify what is the passengers dominant strategy : Explain how Southwest Airlines used the game theory approach to increase its profits. What is the outcome of the game involving early-bird check-in?

How you will conduct risk analysis of return to work program : Describe how you will conduct a risk analysis of the return to work program

Improve this area of your communication competence : Identify the steps you will take to improve this area of your communication competence?

Examine an adverse selection problem : Examine an adverse selection problem your company is facing and recommend how it should minimize its negative impact on transactions.

User Account

All Pages