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Final Reflection Paper

Decent Essays

During this course of Managerial Economics, I first learned about the three-legged stool. Coming from a nursing background, when things are complicated, I would always break it down to basics of airway, breathing, and circulation, basic CPR. From a business perspective, I see now that I can evaluate things similarly with the stool. When matters appear out of balance, I can assess the three legs of performance evaluation, decision rights, and rewards, and then evaluate the situation with a little more clarity. I have also learned more about the performance evaluation. That it is much more complicated to put together than I imagined. While comparing my personal employee performance evaluation, I can now understand better how difficult it

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