​Data Driven Decision Making

question 92

Essay

​Data Driven Decision Making
Kroger Groceries provides store managers flexibility to determine prices for a number of popular items they carry because demand is affected primarily by local conditions that managers are more aware of.To make sure managers use this discretion wisely,managers are rewarded with bonuses based on quarterly sales.With improvements in data collection and analysis,the "quants" in corporate headquarters can run many small experiments.Doing so allows them to understand nuanced patterns in consumer demand that had been un-noticed previously.How does this affect manager compensation?

Identify the physical health status and quality of life perceptions of middle-aged individuals.

Assess the impact of aging on sensory functions such as taste and hearing.

Understand societal and psychological aspects of middle adulthood including career reassessment and the role of aging parents.

Familiarize with the concept of MIDUS and its findings on middle adulthood.

---

Definitions:

Campaign Blogs

Online journals or websites where candidates, political parties, or interest groups post updates, opinions, and other content related to a political campaign.

Podcasts

Digital audio or video files made available on the internet for downloading to a computer or mobile device, often as a series with new episodes.

Federal Communications Commission

A U.S. government agency that regulates interstate and international communications by radio, television, wire, satellite, and cable.

Electronic Media

Forms of media that utilize electronics or electromechanical energy for the end user (audience) to access the content, including radio, television, and internet-based media.