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Define in your own words4 concepts, two from each of the Chapters in the below table; Explaining the context in which each concept applies; Applyingit

  1. Definein your own words4concepts, two from each of the Chapters in the below table;
  2. Explaining the context in which each concept applies;
  3. Applyingit to a specific businessor personal example.
  4. Here's an illustration of the above three steps using:Evidence-based management
    1. Definition - A decision making approach in which data or facts pertaining to the issue are analyzed before making a final decision.
    2. Context- Thiscan be applied by any company small or big. For example, before launching a new product or service, the company will use a sample to test the market, collect evidence of how the product is performing and analyze it before deciding to go into full scale manufacture or abandon the product or service.
    3. Personal/Application-On a personal level I can use evidence-based management when I am about to make a major or even minor decision about my career or purchase of a product or service. To do that I would gather as much information as possible about the alternatives I have before me and use those facts to inform my decision. For a career choice, for example, I would create a LinkedIn profile and use it to track companies I am interested in by reading reviews about the company and even interviewing employees at the company. For personal purchase, I would track the product reviews on the product website and use it to decide whether or not I should purchase it.
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Chapter Concepts Definition Context Personal Example 4. Digital systems 1. Pros and cons of and the design of remote work work. 2. Diversity challenges of telecommuting 3. Change management 5. Information 1. Enterprise Systems & Business resource planning Transformation 2. Customer relationship management 3. Incremental change

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