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Books > Business & Economics > Business & management > Management & management techniques > Operational research
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Monitoring Business Performance - Models, Methods, and Tools (Hardcover)
Loot Price: R4,170
Discovery Miles 41 700
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Monitoring Business Performance - Models, Methods, and Tools (Hardcover)
Series: Routledge Advances in Management and Business Studies
Expected to ship within 12 - 17 working days
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The idea of using models to inform business practice seems
appealing, as it suggests the abstraction and control of a large,
complex subject by means of a smaller, easily manipulated
mechanism. In reality, however, many models prove inadequate when
translated into business methods. Monitoring Business Performance -
Models, Methods and Tools elucidates how the assumptions and
perceptions that guide performance assessment are often based on
models that are poor interpretations and descriptions of reality.
In this book, the author scrutinizes the models underlying a number
of well-known business methods and tools, and sheds light on the
assumptions and subjective perceptions that undermine their
effectiveness. In doing so, he offers a unique criticism of
accepting business models without questioning their relevance and
applicability, and highlights the need to treat models as
hypotheses, rather than as certainties.
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