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Results-Based Management Essay Discussion Paper

Question





Please help me with these homework questions. thank you







1. A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction while also thinking about the overall long-term financial performance of the company. Which performance tool would best meet this firm’s objectives?
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a. Net promoter score

b. KPI dashboard

c. Balanced scorecard

d. Results-based management

2. How should management help a company identify patterns in a data set that includes structured and unstructured data? Results-Based Management Essay Discussion Paper

a. By outsourcing all IT data functions to a third-party provider

b. By applying a big data approach

c. By merging all data sets into one common data set

d. By hiring additional database managers

3. Which element of an experimental study is described as the procedures applied to each subject?

a. Responses

b. Treatment

c. Inputs

d. Experimental units

4. Two project teams are assigned to upgrade an on-premises data warehouse to a cloud-based lake in 13 months. The infrastructure team has five team members, while the enterprise analytics team has three team members. The enterprise analytics team cannot move into production until the infrastructure team has completed the migration. What should be used to find the probability that the project will be completed on time? Results-Based Management Essay Discussion Paper

a. Conditional probability

b. Bayes’ theorem

c. Combination

d. Multiplication principle

5. Which Healthcare analytics is calculated as a proportion of existing cases and new cases compared to the total population?

a. Incidence rate.

b. Cumulative incidence

c. Morbidity rate

d. Prevalence








Expert Answer

This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.








Step-by-step


1st step
All steps
Answer only


Step 1/4








a.
Net promoter score
Net Promoter Score (NPS), is useful in measuring customer experience of a brand and provides the best metric to anchor an organisation’s customer experience management programme.








Step 2/4








b.
KPI dashboard
A KPI dashboard can be said to be a visual tool which is instrumental in providing a centralised view of various data sources for the purpose of efficient goals tracking and optimization.








Step 3/4








c.
Balanced scorecard
A balanced scorecard or BSC is a performance metric which businesses use to identify and improve their internal functions and the resulting external outcomes.








Step 4/4
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d.
Results-based management
Results-based management (RBM) is a management strategy by which all actors, whether contributing directly or indirectly towards achieving a set of results, ensure that their processes, products and services contribute to the fulfilment of the desired results.








Final answer








Answer:
The performance tool that would best meet this firm’s objectives is
b.
KPI dashboard Results-Based Management Essay Discussion Paper

Expert Answer

Results-Based Management Essay Discussion Paper

Question

Please help me with these homework questions. thank you
1. A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction while also thinking about the overall long-term financial performance of the company. Which performance tool would best meet this firm’s objectives?

ORDER YOUR PAPER NOW

a. Net promoter score b. KPI dashboard c. Balanced scorecard d. Results-based management 2. How should management help a company identify patterns in a data set that includes structured and unstructured data? Results-Based Management Essay Discussion Paper a. By outsourcing all IT data functions to a third-party provider b. By applying a big data approach c. By merging all data sets into one common data set d. By hiring additional database managers 3. Which element of an experimental study is described as the procedures applied to each subject? a. Responses b. Treatment c. Inputs d. Experimental units 4. Two project teams are assigned to upgrade an on-premises data warehouse to a cloud-based lake in 13 months. The infrastructure team has five team members, while the enterprise analytics team has three team members. The enterprise analytics team cannot move into production until the infrastructure team has completed the migration. What should be used to find the probability that the project will be completed on time? Results-Based Management Essay Discussion Paper a. Conditional probability b. Bayes’ theorem c. Combination d. Multiplication principle 5. Which Healthcare analytics is calculated as a proportion of existing cases and new cases compared to the total population? a. Incidence rate. b. Cumulative incidence c. Morbidity rate d. Prevalence

Expert Answer

This solution was written by a subject matter expert. It's designed to help students like you learn core concepts.

Step-by-step

Step 1/4
a.
Net promoter score
Net Promoter Score (NPS), is useful in measuring customer experience of a brand and provides the best metric to anchor an organisation’s customer experience management programme.
Step 2/4
b.
KPI dashboard
A KPI dashboard can be said to be a visual tool which is instrumental in providing a centralised view of various data sources for the purpose of efficient goals tracking and optimization.
Step 3/4
c.
Balanced scorecard
A balanced scorecard or BSC is a performance metric which businesses use to identify and improve their internal functions and the resulting external outcomes.
d.
Results-based management
Results-based management (RBM) is a management strategy by which all actors, whether contributing directly or indirectly towards achieving a set of results, ensure that their processes, products and services contribute to the fulfilment of the desired results.
Final answer
Answer:
The performance tool that would best meet this firm’s objectives is
b.
KPI dashboard Results-Based Management Essay Discussion Paper

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