Very often, managers making decisions in real organizations have to work with information that does not perfectly meet all four criteria for useful information. In that case, should the manager use the imperfect information? What can the manager do to increase the usefulness of imperfect information?
Answer to relevant QuestionsVisit the websites of at least five large corporations and locate a biography of each CEO. What formal management education do these leaders have? In your opinion, what is the appropriate amount of formal education needed to ...What are the differences between the contingency and the universal perspectives on management? How is the contingency perspective useful in the practice of management today? Which of GE’s management innovations seem to draw on a classical-management perspective? Which seem to draw on a behavioral-management perspective? How does the contingency perspective explain the management changes that ...At higher organizational levels, the information technology tools used become more sophisticated. Yet, in many organizations, higher-level managers are the least sophisticated and experienced with hands-on use of information ...Why is integrity of content so important to services like those offered by Wikipedia? What sort of factors can render information unreliable? Can you think of an example in which unreliable information could affect someone ...
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