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Measurement Strategies
Deming (1987) states that one of the seven deadly diseases that can afflict companies in transformation is using only visible figures as an input to management. With this idea in mind, respond to the following:
· How do you think this concept could affect your selection of data and measurement strategies?
· When historical data are not available and the product or service is new, how would you go about arriving at a reasonable forecast?
· Explain this as it relates to your client company.
Reference
Deming, W. E. (1987). Transformation of today's management. Leadership Excellence, 4(12), 8.
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