If the CEO of a Company Needs Accurate Predictions of Future

question 159

Multiple Choice

If the CEO of a company needs accurate predictions of future sales figures, a sales manager gives one estimate, one salesman reports his sales, and an internal prediction market provides a third data point. Which of these pieces of information embodies the BEST incentives for accuracy?

• A) that from the prediction market
• B) that from the sales manager
• C) that from the individual salesman
• D) all provide the same information, therefore they have equal incentives

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Definitions:

Span of Control

The number of subordinates a manager or leader can effectively oversee, control, or manage directly.

Geographic Design

A spatial arrangement or planning strategy that considers geographical factors, such as location and physical space, in its implementation.

Geographic Design

Refers to the strategic planning and arrangement of geographic locations and spaces to achieve specific objectives or outcomes.

Specialized Activities

Specialized activities refer to tasks, operations, or processes that require specific expertise or focus in a particular field or area of knowledge, often contributing to more efficient and effective outcomes.