Olivia,the owner of The Town Gazette,a small city newspaper,started her business two years ago,believing that there was still enough demand for her product.However,because people are busy and because so much news is now available online,she has seen the demand for her paper drop steadily.Olivia made a decision to change the original direction of the company and focus more on an Internet news service.Olivia is relying on _______ by demonstrating that managers need to think and act as if their company is an unfinished prototype,and by seeing her business as outsiders do.

Question

Quizplus · Accepted Answer

Olivia is relying on evidence-based decision making by recognizing the drop in demand for her print newspaper and shifting the focus to an internet news service. She is using data and evidence to make informed decisions rather than relying solely on intuition or knee-jerk reactions. Additionally, by seeing her business from an outsider's perspective, she is using a key aspect of evidence-based decision making - gathering information and perspectives from multiple sources.

Olivia,the Owner of the Town Gazette,a Small City Newspaper,started Her