Question: Why is it important to follow up and evaluate the effectiveness of a decision? To ensure that the decision achieves the desired result. To enable

Why is it important to follow up and evaluate the effectiveness of a decision?
To ensure that the decision achieves the desired result.
To enable objective quantification of the decision.
To help eliminate satisficing.
To help eliminate bounded rationality.
To determine the feasibility of another alternative if the original decision proves ineffective.
Why is it important to follow up and evaluate the effectiveness

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

For most people, artificial intelligence brings to mind replacing jobs with robots. However, 1,500 companies studied by the management consulting firm Accenture found that the largest performance...

Q:

Its spring of 2022 and as a new GM for a 100 room hotel located in northern Ontario, your management company wants you to increase banquet revenues from $300,00 to $850,000 in 12 months. There are 4...

Q:

Budgeting for Nonprofit Organizations Although budgeting is just as important for nonprofit organizations as for for-profit companies, the approach taken toward budgeting can be very different. In...

Q:

Budgeting for Nonprofit Organizations Although budgeting is just as important for nonprofit organizations as for for-profit companies, the approach taken toward budgeting can be very different. In...

Q:

Circular Economy In light of all the issues associated with circular economy, develop a framework to achieve sustainability and social responsibility while simultaneously promoting equitable economic...

Q:

I would like assistance with assignment 3 and 4 on the attached document I have been struggling with the subject and its my last AUI4863/102/0/2016 Tutorial letter 102/0/2016 ADVANCED INTERNAL AUDIT...

Q:

5, Putting Together an Evaluation Matrix An evaluation plan is a written document that describes the cWill/mat\Questions to ask yourself when putting together an evaluation matrix: Evaluation...

Q:

I have attached both the chapters from which you will be answering the following question. Ch 8 (p 387 of text or p 35 of the pdf) ?Exercise D. Prepare the bank reconciliation and any required...

Q:

Students will be provided an IMC strategy document for an existing business and, within the context of the business's growth strategy, will develop an analysis of the effectiveness of the IMC...

Q:

Performance Appraisal: Measurement, Assessment, and Management Chapter 7 Radius Images/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Use a...

Q:

Chapter 5 Summary: A. Identify and discuss five or six standards that could be established; include how variance from such standards could be measured. C. From the perspective of a hotel's general...

Q:

Depending on where you live and on the quality of the day care, costs of day care can range from $3000 to $15,000 a year (or $250 to $1250 a month) for one child, according to the Baby Center. Day...

Q:

Elise Dubois is single, has no dependents, and lives at 55855 Ridge Drive in Lafayette, LA 70593. Her social security number is 412- 34-5670 (date of birth 3/15/1977). Elise had qualifying health...

Q:

A special agent is assigned to a tax investigation to determine if the government has enough evidence to indict the taxpayer for criminal fraud. Group startsTrue or False True, unselectedFalse,...

Q:

Meghan is 16 years old and qualifies as a dependent of her parents. Meghan earned wages of $3,000 and had interest income of $4,000 during2019. Meghan had expenses of $950 related to producing the...