Asked by raman rainkh on Jul 06, 2024
Verified
The tendency for managers to behave like the performance metrics are the strategic objectives is known as
A) metrics errors
B) motivated reasoning
C) surrogation
D) common measures bias
Surrogation
The substitution of a performance measure (or target) for the strategy or objective it was intended to assess, potentially misaligning organizational goals.
Performance Metrics
Quantitative measures used to assess, compare, and track performance or production over time.
Strategic Objectives
Targets or goals that an organization aims to achieve, which are designed to further its long-term interests.
- Understand the effect of cognitive biases on the formulation of strategic decisions.
Verified Answer
Learning Objectives
- Understand the effect of cognitive biases on the formulation of strategic decisions.
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