Management's Obligation to Make Choices That Will Contribute to the Well

question 96

Short Answer

Management's obligation to make choices that will contribute to the well being of both the organization and society is known as _____.

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Definitions:

Evidence-Based Management

The practice of making managerial decisions and organizational policies based on the best available evidence from scientific research and business data.

Management

The act of overseeing and coordinating tasks and processes in an organization to ensure efficient and effective operations towards achieving specific objectives.

Scientific Evidence

Information that serves to either support or counter a scientific theory or hypothesis, gathered through empirical observation and documentation.

Contingencies

Situations or conditions that are dependent on other events which may or may not happen, often influencing decision-making and planning.