To examine the effects of timely information on decision making, the authors of the study placed students
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To examine the effects of timely information on decision making, the authors of the study placed students into one of three categories: subjects received information about consumer demand and were allowed to purchase wodgets every round, every three rounds, or every six rounds. In other words, the first group received information very quickly (every round), and the last group received information very slowly (every six rounds). Based on these differences in information flow, which students do you think made the best decisions?
Why or why not?
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Related Book For
Modern Management Concepts And Skills
ISBN: 9780132176347
12th Edition
Authors: Samuel C. Certo , S. Trevis Certo
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