Question

The implementation of EBMgt primarily revolves around promoting the pursuit of:

Empirical and objective data

Leveraging human resources to accomplish corporate goals

Internal consensus on strategy

External sources to support decisions

Managers would incur substantial opportunity costs by making decisions without key stakeholder and employee decision, primarily because:

Employees will think more highly of the manager

Debate on important issues is a good way to filter which employees are strongest

Employees were strategically hired for difference in skill set, expertise and perspective

Employees will more motivated

Answer 1

1 - a)- empirical and objective data -as the EBMgt requires that the decision making is done taking into account the empirical and objective data.

all others are wrong as -

Leveraging human resources to accomplish corporate goals, Internal consensus on strategy External sources to support decisions all does not fall in the approach of EBMgt which is theory is about the synthetic decision-making process by collecting objective data which is empirical in nature.

2- c) Employees were strategically hired for the difference in skillset, expertise, and perspective as the employees are strategically hired and their decisions have to be considered while making a decision as individual decision making can also lead to bad decisions by the manager losing the opportunity of the next best decisions.

all others are wrong as -

the employee will think more highly of the manager cannot lead to opportunity cost and it is not true that management will make the best decisions.

Debate on important issues is a good way to filter which employees are strongest cannot be true as the group decision making is an effective way to make decisions but which employee is strongest cannot be made from the debate itself there may be other factors also.

Employees will be more motivated if they are part of the decision making but the relations of the motivation and opportunity cost are not related.