GMS 200 Lecture Notes - Pareto Principle, Participatory Planning, Digital Equipment Corporation

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

Towards the end of the 18th century, england began sending convicts to australia. The transportation was privately provided by publicly funded. A lot of convicts died along the way, from diseased due to overcrowding, poor nutrition and little or no medical treatment. Between 1790 and 1792, 12% of the convicts died, to the dismay of many good-hearted english men and women. Some entrepreneurial captains hoarded food and medicine meant for the convicts and sold them upon arrival in australia. Above a salary (incentive for every person that arrives alive) Establish a consequence in terms of the parameters. The government decided to pay the captains a bonus for each convict that walked off the boat in australia alive. This simple changed worked like a charm. In 1793, on the first three boats making the trip to. Australia under the new set of incentives, a single convict died out of 322 transported, an amazing improvement.