Describe how a Project Manager can draw in a crucial but less supportive stakeholder?

Q: Should the decision-making process be top-down (centralized with top administrators) or…

A: The decision-making process be top-down is much better than the bottom up for the following reasons:…

Q: Explain the problems associated with lack of director independence.

A: An independent director is a director of board of directors who does not have a material…

Q: What steps would you take to ensure that your management team makes decisions for the better of the…

A: the following steps may be taken to ensure the management team continues to work towards enhancing…

Q: How does the external analysis affect other components of the strategic management process?

A: Setting objectives, examining the competitive environment, studying the internal organization,…

Q: Which is not one of the potential advantages of decentralization? a. Improves motivation and…

A: Decentralization refers to process in which person in management hierarchy ranging from top to…

Q: why do managers use IRR for strategic decison more than NPV?

A: Capital Budgeting tools and techniques help managers appraise investment opportunities.  It is…

Q: explain how return on investment might lead a divisional manager to reject new investments

A: Return on investment (ROI):   This financial ratio evaluates how efficiently the assets are used in…

Q: (1) Why are leverage points in a system so critical tounderstand? (2) Why should a manager in…

A: Disclaimer: “Since you have asked multiple question, we will solve the first question for you. If…

Q: What questions should managers answer when considering outsourcing?

A:

Q: Explain the term Flaws in Project Ranking by IRR?

A: Answer: IRR is nothing but an internal rate of return; it is the rate of discount which makes a…

Q: Which is not one of the potential advantages of decentralization? Improves motivation and retention…

A: Decentralization refers to transfer of authority from central to local government.

Q: If management control and strategic planning decisions do not receive a high level of support from…

A:

Q: What steps can be  taken to ensure that a management team makes decisions for the better of the…

A: In finance managers are agents who are appointed by the owners of a company. The stakeholders are…

Q: Which of the following is NOT an example of a decisional role according to Mintzberg? Select one: O…

A: According to Mintzberg, at the managerial level, the most crucial and important part is to make the…

Q: Discuss the difficulties in using breakeven analysis by managers in decision-making.

A: Breakeven analysis is a tool used to analyze the profitability of a new service or product.…

Q: What is the strategic value of the DuPont chart?

A: The DuPont chart, which was popularized by the DuPont Corporation, is a framework for analyzing…

Q: Suppose you are a project manager in a firm. Will you prefer to use NPV or payback method to choose…

A: A project’s payback period is the number of periods required for the project’s cash flows to recover…

Q: How weak reserch culture have an affect on Low potential investment? Explain in detail.

A: The low potential investment is also known as the low-risk investment. It refers to the investment…

Q: In a management setting, does Transfer Pricing affects Absorption & Variable, Budgeting, and…

A: Transfer Pricing Transfer prices are required when profit centres are utilised to determine the…

Q: Which of the following is not an advantage of budgeting? a) Forces managers to plan b) Provides…

A: Budget: A budget is an estimation of revenue and expenses over a specified period of time and is…

Q: Do you think sustainability is best managed as part of an informal or a formal type of management…

A: Sustainability is the way of management focuses on areas like environmental protection etc so that…

Q: Which of the following is not a goal of performance evaluation systems? Promoting goal congruence…

A: Answer:

Q: Why is it important for a manager to receive frequent feedback on his or her performance?

A: Feedback refers to the review of the prior action of an individual by another individual thereby…

Q: How does the reward system for a strategic-based system differ from the traditional approach?

A: Strategic-based performance management system: A strategic-based performance management system turns…

Q: What is the most significant drawback of utilizing ROI to assess investment centers?

A: Return on Investment:  The investment opportunity with the most significant rate of Return is…

Q: What are some of the reasons that ABM implementation may lose the support of highermanagement?

A: ABM (account-based marketing) is a company marketing technique that focuses efforts on a small…

Q: What types of circumstances would encourage management to establish a complex organizational…

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: Question: The technique of stakeholder mapping lets managers classify which stakeholders they will…

A: The individuals or groups that are likely to affect or be affected by a proposed action of the…

Q: How environmental uncertainty and length of commitment influence the manager approach to planning?

A: Solution- Environmenta Uncertanity-   Environmental uncertainty is nothing however the degree of…

Q: culture of the organization can impact the effectiveness of different project man osoft and Boeing,…

A: Project structures refer to the framework of a company under which a set of employees continuously…

Q: How are the generation and evaluation of creative investment proposals far too important task?

A: Investment appraisal or evaluation is the two-fold task of balancing risk pertain to a definite…

Q: While an engineering manager may prefer to use CFAT estimates to evaluate the AW of a project, a…

A: EVA, which stands for economic value added, seems to be a term based on the notion that a…

Q: One of the ways to describe the difference between a manager and nonmanager is that a manager's…

A: Managers are in charge of overseeing a team of employees to ensure that they work efficiently.…

Q: How is knowing the degree of operating leverage helpful to managers?

A: Degree of Operating Leverage:  Degree of operating leverage is an efficiency ratio which evaluates…