Explain what is meant by management fads and fashions?

What will be an ideal response?


A good answer will illustrate the difference between fads and fashions and will be sure to point out Abrahamson’s ideas of the growth of the commoditization of management ideas through business schools, consultancies and the like. A good answer will highlight the finite lifespan of fads and fashions (fads have a shorter lifespan than fashions). Superior answers will challenge whether the commodification of management ideas as fads or fashions is necessarily a bad thing, and will bring in the work of ten Boss and Czarniawska and others.

Business

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Acme, Inc., produces widgets. To manufacture a new type of widget, it took 54 hours for the first widget. Acme estimates it has a 91% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 141th widget.

a. 29.35 hours b. 27.54 hours c. 31.27 hours d. 29.94 hours

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 _____ is working with and learning from a company outside of your industry that has a skill that is critical to the firm's operation.

A. Tag lines B. Benchmarking C. Fragmenting D. Substitute-based

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A list of the sampling units for a study is called a _____

a. frame b. cluster c. stratum d. population

Business