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- QUESTION 3 a. There are various models and techniques which one can use to analyse the environment within which a business operates. The most commonly used ones are PESTEL and SWOT Analysis. Describe how the SWOT Analysis works in relation to a company’s decision making.3.4 ETHICS CASE: ASSIGNING COSTS Adapted from Mowen's "Managerial Accounting (7th Ed.)" Case 4-67 Tonya Martin, CMA and controller of the Parts Division of Gunderson Inc., was meeting with Doug Adams, manager of the division. The topic of discussion was the assignment of overhead costs to jobs and their impact on the division's pricing decisions. Their conversation was as follows: ● Tonya: Doug, as you know, about 25% of our business is based on government contracts, with the other 75% based on jobs from private sources won through bidding. During the last several years, our private business has declined. We have been losing more bids than usual. After some careful investigation, I have concluded that we are overpricing some jobs because of improper assignment of overhead costs. Some jobs are also being underpriced. Unfortunately, the jobs being overpriced are coming from our higher- ume, labor-intensive products, so we re losing business. Doug: I think I understand. Jobs associated…A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
- Course: Principle of Healthcare Finances First Question: What are some areas of supervision that a financial manager might be responsible for within a healthcare organization? Answer: Some areas of supervision for financial managers in healthcare organizations are as follows: Financial reporting and budgeting. Procurement of financing, their sources, and ensuring that the organization is legally authorized to procure such finance. Finding new opportunities and analyzing their prospects. Efficient use of available resources. Technological upgrades of medical equipment. Facilitating funds for medical research & development. Second Question: Why is it important for managers to recruit individuals who can work as a team? Answer: Recruiting individuals who can work as a team is important for managers because it ensures that they work better in an organization, hence become more productive. In addition, individuals who can work in a group try to manage the work efficiently and together…Question 1: In what particular situation where a manager needs to evaluate alternative courses of action to come up with a decision?Question 4 1. When a manager lays out the lines of authority and responsibility among different individuals and groups, the manager is 2, In the task of managers is to evaluate how well an organization has achieved its goals and to take any corrective actions needed to maintain or improve performance.
- Q#1 List the Situational factors that can affect an organization's Strategy and Discuss Porter's five forces model. How does it help managers to identify the opportunities and threats confronting a company?Q.1 Using the brand personality give examples (brands) for each and provide brief explanation for each of the brand to justify your choice. It’s significant for marketers to decide the most effective reinforcement schedule to use. Marketers must decide about the effort and resources to put and when to reward their consumers when they respond. Several schedules are possible choose one schedule for each of the products and briefly explain your answer for each. Coffee sold a coffee shop or cafe Clothes – shalwar kameez of any brand Lucky draw- at superstore Slot machines at arcade games centre or amusement park.3
- Q2 Director of Marketing in a company, reports and records showed a decrease in salesby 10% compared to last year, and a decrease in market share by 5% compared to the total sales of competing companies offering the same goods in the same market. JApply the decision-making model with its sequential logical steps to this case stating the details of each step in a clear form Accurate, scientific and practical, as in ?the ideal case of theoretical decision-making, as well as in realitywrite chapter 1 for thesis from following paper. 2.1 Total quality management practices in service sectorAlthough a considerable amount of research has been attempted to identify the TQMpractices within different contexts (Feng et al., 2006), there is no consensus in previousstudies about the key practices of TQM (Psomas et al., 2017). In this line, Talib et al. (2013)recognized these inconsistencies and the difficulty to identify the appropriate TQM practicesto achieve the desired outcomes.IJQSSDownloaded by INSEAD At 23:32 28 September 2018 (PT)Despite this inconsistency in the literature, several researches (Escrig-Tena, 2004;Vouzas and Psychogios, 2007; Rönnbäck and Witell, 2008; Yunis et al., 2013; Johansson et al.,2013; Calvo-Mora et al., 2014) argued that TQM is viewed as compiled of two substantialperspectives; philosophical and practical. The philosophical perspective of TQM (the “soft”side) is associated with the basic concepts and principles (Vouzas and Psychogios, 2007)…QUESTION 25 1. ————— refers to a plan with a time horizon of one to three years and specifies concrete ways to implement the strategic plan. Controlling Organizational design Organizing Operational planning Tactical planning
