Question: A strategic manager recently made a long-term data informed decision on the company's new investment. Throughout the analysis, there was a possibility the investment would
A strategic manager recently made a long-term data informed decision on the company's new investment. Throughout the analysis, there was a possibility the investment would lose money in the short term, and this did occur. The executive team is uneasy about the investment and needs reassurance that the investment will turn around. What can the manager do to ensure the executives are comfortable with the decision? Stay the course, allowing the long term result to speak for themselves. Use statistics
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