The fact can be used to convince an external audience

Assignment Help Operation Management
Reference no: EM131747756

1. Evidence collected after the fact can be used to convince an external audience that the organization is following a sound course of action in a complex and ambiguous decision context. On the positive side, this can lead to

less input from employees.

insecurity about management decision making.

shareholders questioning management.

supplying only the most pertinent information.

confidence and goodwill about the company.

2. Mark is looking to buy his first home. His friends suggest that he check the style of the house and the number of rooms. He is, therefore, focusing extensively on the look of the house to evaluate its value, rather than its condition or location. This implies that Mark was engaging himself in the _________ bias.

fundamental attribution

availability

anchoring

representativeness

self-serving

Reference no: EM131747756

Questions Cloud

Demonstrate a promotional approach that embraces imc : Your marketing plan should demonstrate a promotional approach that embraces integrated marketing communications (IMC).
Discuss the operational and ethical issues : Should Terri Ronson go along with the general manager's request to reduce the direct labor hours in the predetermined overhead rate
Do immigrants make us safer : "Do Immigrants Make Us Safer?" asked the title of a New York Times Magazine article (Press, 2006). The article reported findings from several U.S.-based studies
Calculate the cost of goods sold if the ending inventory : Calculate the cost of goods sold if the ending inventory is 20% complete in regard to conversion costs
The fact can be used to convince an external audience : the fact can be used to convince an external audience that the organization is following a sound course of action in a complex and ambiguous decision context.
Report the statistics as you would in a journal article : Conduct the six steps of hypothesis testing for this example. (Note: Be sure to use the correct proportions for the expected values)
Compute the rate for the current year : The company uses a plantwide overhead rate to apply manufacturing overhead cost to jobs. Compute the rate for the current year
What might the ethical decision be : Wanston operates factories in Southeast Asia. What might the ethical decision be?
Expected future cash flows from use of the equipment : Expected future cash flows from use of the equipment, Present value of expected future cash flows from use of the equipment

Reviews

Write a Review

Operation Management Questions & Answers

  Which agency enforces these requirements

FSPC operates a food processing plant in Mississippi, where various meat products are packaged for shipment to restaurants. Which government agency is responsible for protecting the public in the E. coli case? Explain the responsibilities of the agen..

  Existing process that is causing productivity issues

A virtual team is tasked with revising an existing process that is causing productivity issues. One of the team members, Dave, does not believe in process modeling and is very aggressive vocally. He intimidates the group from India, which forces the ..

  Discuss the three major components of national health policy

Discuss the three major components of a national health policy: structural determinants of good health, life style determinants, and socializing and empowering determinants; and what are the influential health programs that target these determinants?

  Facing changing methodologies and technologies

Individuals employed in healthcare, regardless of their education or skill level are facing changing methodologies and technologies. Why must in-service training or on-the-job education be continuing? Can in-service education be used as a motivationa..

  Presenting a complete view of the stages and flows

Describe the various stages in the supply chain and the different flows involved, presenting a complete view of the stages and flows.

  Explain the procedure to create a forecast decomposition

Explain the procedure to create a forecast using the decomposition method of least square regression.

  Requiring recharge with a standard deviation

A newly designed phone battery, when fully charged, is supposed to last 48 hours with a tolerance limit of plus or minus 30 minutes under normal use. The current production process produces batteries that on average last 47.5 hours before requiring a..

  Items regarding the manufacturing process

What type of process design do they use: Make to Order, Make to Stock, or Batch? What are two items regarding the manufacturing process related to the organization (Nike) that the team finds unique or interesting?

  How what has been learned can be applied to companies

Assess the effect of mergers and acquisitions on the companys customers, employees, and shareholders, and determine how what has been learned can be applied to companies doing acquisitions and mergers in the future. your question here.

  Formulate a linear programming model

What are the constraints - formulate a linear programming model that will enable the manager to determine how many of each kind of bar to produce in order to satisfy

  Behavior-based approach to risk assessment be feasible

Is the inherently discriminatory nature of underwriting acceptable from a public policy standpoint? Would shifting to a primarily behavior-based approach to risk assessment be feasible?

  Effect of operating characteristi on managerial decesion

For the scenario in the attachment, use the queuing formulas to calculate the averages under present conditions and the alternatives. using the information given, determine the alternative you would select. List your assumptions and/or additional inf..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd