Question: Managers at Avalon Computing work in a fast - paced business environment. To make higher - quality decisions in this environment, Avalon's managers do not
Managers at Avalon Computing work in a fastpaced business environment. To make higherquality decisions in this environment, Avalon's managers do not use traditional tactics, eg relying on old data, longrange planning, and futuristic forecasts. Instead, they focus on realtime information, by constantly monitoring daily operating measures such as work in process rather than checking periodically the traditional accountingbased indicators such as profitability. In this manner, Avalon's managers strive to overcome the barrier to effective decision making known as
illusion of control.
time pressures.
discounting the future.
social realities.
framing effects.
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