Thank you for visiting With evidence based decision making managers are encouraged to rely on data and information rather than their intuition True or false. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Final answer:
Yes, evidence-based decision-making encourages managers to rely on facts and data instead of intuition. It is grounded on objective data providing a more reliable basis for decisions. An example is the banking environment study where data helped to decrease decision inaccuracies.
Explanation:
True, in evidence-based decision-making, managers are indeed encouraged to rely on data and information rather than their intuition. This approach is grounded on the idea that objective data - facts and evidence - offer a more reliable basis for making decisions than personal intuition or experience. For instance, a study by Bruno & Abrahão (2012) found in a banking environment, as the volume of operator decisions increased, inaccuracies also increased. This demonstrates the importance of data in making informed decisions as it provides crucial information necessary for making optimal choices.
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Rewritten by : Jeany
Answer:
True
Explanation:
Evidence-based decision-making is an approach to decision-making that states that managers should systematically collect the best evidence available to help them make effective decisions. ... With evidence-based decision-making, managers are encouraged to rely on data and information rather than their intuition.
