Your estimated budget to create a website application, that could automatically pull data from all of the user'sconnected profiles and submit scholarships applications that may be available to the user, was $2.7 million.Since the company reduced all the forecasts by 10%, you submitted your forecasted budget as $3 million. Thispractice is called as:APadding estimatesBPlanning horizonBudget structureD) Organization culture

Padding estimates refers to the practice of inflating the estimated budget or time required for a…

Answered: Your estimated budget to create a…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

In your own words, describe the elements that are required in order to have an effective scope statement. Note that point form is acceptable for your answers >>
(1) Each goal has at least 1 lead and 1 lag measure. List these(2) For each measure: Clearly explain, using research, why you think the measure is the most appropriate and realistic metric for the given goal. You may compare different alternative measures and point out the measure you choose is the best measure.Note that to say one measure is better than other measures, you need to have criteria to compare. So, the criteria can be, but not limited to:- Strong causal link between the movement in the measure with the movement in the phenomena you want to measure- Cost-effective: easy and cheap to implement- Accuracy: data collected are accurate(3) Check if measures for different goals are relatively linked with each other. Perspective Strategic Objective Lead Measure Lag Measure Financial Reduce Cost & Waste Achieve sustainable revenue growth Enhance Customer Value Customer Promote Ethical and Sustainable Consumption…
Read the passage and please answer the questions related to resource planning systems: Whipple Logistics Company’s Transportation Challenge Ruby Shelton is part of the executive development training program. As part of her executive development plan, Ruby has temporarily been assigned to the transportation division of Whipple Logistics Company. The objective is to expose her to different parts of the company as a method of grooming her for a senior position someday. Ruby is excited about the opportunity. Her background is in operations management, therefore, she is familiar with transportation requirements, although not an expert. Doreen Delgado is Ruby’s mentor in the program. Doreen is a senior vice president and participated in the program when she was a junior executive. She understands the value of such a learning experience. Whipple Logistics Company has several new clients who want a briefing on the best mode of transportation for their businesses. Doreen assigned Ruby to this…
If we recruit 100 applicants from Monster.com and we recruit 10 applicants from internal job postings, which source is better? Do we know? What if I added that of the 100 applicants from Monster.com, we hired 5 people and from the 10 applicants from internal job postings we hired 8. Which is better? How do we know? What type of analysis are we doing here? (should be able to answer in 3-6 sentences).
Answer (c) only.
Only solve the first part in black not red. Use excel spreadsheets.
1) A mechanistic structure is highly suitable for an organization operating in an environment with very high levels of uncertainty True False 2) In scenario-based planning, managers focus on various scenarios that present alternative pictures of what the future may look like and how the firm would like to respond to each scenario True False 3) An organization's external environment is defined as everything that exists outside the boundary of the organization and has the potential to affect all or part of the organization. True False
Which of the following is the first step in the planning process? * Analyzing alternatives and making a plan. O Defining the objectives. Implementing the plan and evaluating results. Determining where one stands vis-à- vis objectives.

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