Just three months ago, a major oil distributor faces a cyber-security threat that halted their production and distribution of gasoline, and reduced the supply of gas along the eastern coast. People were lined up to get gas in their cars, some even going to the extent of filling containers that were not meant to hold gasoline.  Some of you may have participated in the frenzy.  Others watched from a distance. In hindsight, the shortage was relatively short lived, and much of it exacerbated by our own actions. (Look up the phrase self-fulfilling prophecy, and you’ll understand what I mean!) A friend of yours, one who lives in a mixed use development near where he works and drives an electric car, thought the behavior of those lining up at the pumps was irrational.  After all, people were burning gas waiting in long lines to get gas.  What additional information would we need to better evaluate this situation?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter12: Diversity In Organizations
Section: Chapter Questions
Problem 6CRQ: Why would an employee pass or reveal at work? What are the positive and negative consequences of...
icon
Related questions
Question

Just three months ago, a major oil distributor faces a cyber-security threat that halted their production and distribution of gasoline, and reduced the supply of gas along the eastern coast. People were lined up to get gas in their cars, some even going to the extent of filling containers that were not meant to hold gasoline.  Some of you may have participated in the frenzy.  Others watched from a distance.

In hindsight, the shortage was relatively short lived, and much of it exacerbated by our own actions. (Look up the phrase self-fulfilling prophecy, and you’ll understand what I mean!)

A friend of yours, one who lives in a mixed use development near where he works and drives an electric car, thought the behavior of those lining up at the pumps was irrational.  After all, people were burning gas waiting in long lines to get gas. 

  1. What additional information would we need to better evaluate this situation?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College