How can managers make higher-quality decisions? Give an
example of decision made by one company and...
How can managers make higher-quality decisions? Give an
example of decision made by one company and discuss how the mangers
will make high quality decision?
How can managers make higher-quality decisions? Give an example
of decision made by one company and discuss how the mangers will
make high quality decision?
Subject Cost Accounting
Q1.
How can managers make higher-quality decisions? Give an example of
decision made by one company and discuss how the mangers will make
high quality decision? (3 Points)
Q2. Give a numerical example
of cost function and analyze this cost function? Discuss how is
this cost function used in decision making? (3 Points)
Q3.
Find a numerical example of cost-volume-profit (CVP) analysis, and
analyze how CVP analysis is used for decision making? (4
Points)
Give an example of a personal financial decision that may make
and why you made the decision that you made? Include quantitative
and qualitative factors and opportunity costs and sunk costs.
1. Please list the main types of approaches to decision making.
How decisions CAN be made and what CAN influence the decision
making process?
Maximum: 200 words (fewer is better). Bullet-list format for key
points and figures preferred, if applicable.
2. Please describe the views and assumptions about a "good"
decision making process in the West. Who should be making the
decision and how the process should go, as believed by the majority
of the people in the West?
Maximum:...
Managers are required to make many tough decisions over the
course of a workday. One of the tough decisions a manager may be
faced with is the decision to drop an existing customer from their
portfolio. Some companies refuse to drop customers (including
non-profitable customers) in the hopes that these unprofitable
customers will become profitable in the future. Other companies do
not want unprofitable customers impacting their bottom-line year
after year and choose to drop them. In your opinion, when...
Managers are required to make many tough decisions over the
course of a workday. One of the tough decisions a manager may be
faced with is the decision to drop an existing customer from their
portfolio.
Some companies refuse to drop customers (including
non-profitable customers) in the hopes that these unprofitable
customers will become profitable in the future.
Other companies do not want unprofitable customers impacting
their bottom-line year after year and choose to drop them.
In your opinion, when...
1) Give an example of the following types of decisions that you
have had to make (personal or work-related):
Low consequence work-oriented
High consequence work-oriented
2) Give an example (personal or work-related) for each of the
following types of problems that you have experienced.
Low consequence people problem
High consequence people problem