Ralph Company Has Been Very Aggressive in Developing Various Types

question 20

Essay

Ralph Company has been very aggressive in developing various types of financial and nonfinancial measurement schemes to help with the evaluation of its manufacturing processes. It appears that some of the managers are suboptimizing in that their decision processes are geared solely for their department's benefit, sometimes to the detriment of the organization as a whole.
Required:
What changes in the evaluation system could the company implement to help minimize the suboptimization of the managers' decision-making process?

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Definitions:

Consequences

Outcomes or effects that result from a specific action or set of conditions.

External Events

Occurrences or happenings outside the individual's control or environment that can impact their life.

Maintaining

The process of preserving or keeping something in an existing state or condition without significant deterioration.

Positive And Negative Affect Schedule

A psychological tool used to assess an individual's emotional states, distinguishing between positive and negative feelings.