Performance targets that we have to work extra hard to reach are called O Stretch goals. O Tactical goals. Objectives.
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- 9- Majid is framing the decisions that will contribute significantly to the achievement of company objectives.The above statement refers to which of the following? a. Majid is framing strategic decisions b. Majid is framing simple decisions c. Majid is framing minor decision d. Majid is framing operational decisionsOne of the differences between a Business strategy and a Digital strategy is that a business strategy is often a well-established long-term model. In contrast, a digital strategy is dynamic and adaptable. A. True B. FalseHow can a financial auditor use the following topic in his future work? perform value chain analysis apply the Strengths, Weaknesses, Opportunities, and Threats (SWOT) framework to formulate strategy recommendations importance of data and analytics strategy, data quality, structured approach for conducting analytics evaluate the output of analytical models using relevant measures of performance creation of value through data and analytics and discuss the ethical issues in analytics.
- Goal congruence is (CPA Adapted) The desire and the commitment to achieve a specific goal The extent to which individuals have the authority to make decisions O The extent of the attempt to accomplish a specific goal O The sharing of goals by supervisors and subordinatesI need both answers 3 upvot Part 1 The deadweight loss due to monopoly: is equal to monopoly profit. represents a benefit to society. would still exist in a competitive market. exists because the monopoly restricts output. Part 2 Which of the following is not a true statement? In a monopoly market, P = MR at the monopoly output. In a competitive market, P = MC at the efficient output. If P = MC, there is no deadweight loss. In a monopoly market, P > MC at the monopoly output.Managerial Accounting Contrastedto Financial AccountingManagerial accounting supports the internal planning (future-oriented) decisionsmade by management. Financial accounting has more of a scorekeeping, historicalorientation, although data produced by the financial accounting process form some ofthe foundation on which plans are based. Planning is a key part of the managementLO 1Explain the management planning andcontrol cycle.1. What does it mean to state that there are different costs for different purposes? QWhat DoesIt Mean?A n s w e r o np a g e 4 8 6mar2529X_ch12_458-503.indd 459 26/11/12 2:05 PM460 Part 2 Managerial Accountingprocess; and although there are many descriptions of that process, a generally acceptable definition would include reference to the process of planning, organizing,and controlling an entity’s activities so that the organization can achieve its desiredoutcomes. A general model of the process looks like this:Implement PlansDecision Making Decision…
- The telco market is intensely competitive. With the entrance of new digital-only operators, the full-service incumbents are feeling the pressure. With a falling average revenue per user (ARPU) due to competition, Tammy, the product manager of one of the incumbent telcos is thinking to offer a new plan in Quarter 4 of 2021. The idea is to bundle unlimited outgoing local calls with unlimited data and then promote it to customers to prevent them from churning. 1. What is the business problem2. Propose one data mining application3. Describe how the proposed application can help solve the business problemWrite “True” if the statement is true and write “False” if the statement is false.1. With the emergence of the information era, companies need to create value from theirintangible assets as well as their physical and financial assets.2. The primary purpose of balanced scorecard is to obtain increased operating profits for thecurrent year.3. To achieve success, it is important to set non-financial objectives as well as financial objectives.4. Different value propositions lead to different balanced scorecards.5. A properly constructed balanced scorecard tells the story of a business unit’s strategy.6. Strategy is about selecting the set of activities in which the organization will excel to create asustainable difference in the market.7. The vision and mission statement set the general direction for the organization.8. To create the balanced scorecard, first measures are identified and then translated intoobjectives.9. One valuable measure for the customer perspective of the balanced…I. To make goal setting effective and worthwhile, the goals should be specific, objective and verifiable. II. In conservative strategy, credit sales decrease, collection rate increase, AR balance decrease, bad debts decrease and collection expense decrease.III. The indispensable 5Cs of credit shall be followed in credit policy. What statement(s) is/are true? A. I, II, III B. I, II C. I, III D. II, III E. Only I F. Only II G. Only III H. None
- 1. The Importance of Planning: 000 Planning is a fundamental aspect of achieving goals and objectives. Whether in personal endeavors or professional projects, a well-thought-out plan provides a roadmap for success. It helps in organizing tasks, allocating resources efficiently, and anticipating potential challenges. Without a solid plan, individuals and organizations may find themselves navigating through uncertainty and facing unnecessary hurdles 2. Strategic Planning in Business: In the business world, strategic planning plays a pivotal role in shaping the future of an organization. It involves setting clear goals, identifying key performance indicators, and formulating strategies to achieve them. A well-crafted business plan not only guides day- to-day operations but also facilitates adaptability in a dynamic market. How do successful businesses strike a balance between detailed planning and the need for flexibility in today's fast-paced environment? 3. Personal Planning…1) Strategic planning sometimes refers to strategy formulation. * True False 2) Intuition is based on past experiences and certainty. * True False 3) A firm evaluating the appropriateness of its business and the latest technological tools is considered as a firm adapting to change. * True False 4) CEO, president, and owner of a firm are also known as strategists. * True False 5) In order to evaluate internal and external factors, some parameters such as numbers, percentages, ratios, and quantification should be used. * True False 6) Policies refer to the means through which strategies will be attained. * True FalseWhich of the following best describes a complexity surrounding the Medicaid program? Group of answer choices A)When the Medicaid program only covers the poor, and not those considered near-poor, it can contribute to the poverty trap. B)The federal government might not administer the program equitably, in terms of benefits and determining eligibility. C)Medicaid eligibility requires that welfare recipients work and limits the length of time they can receive Medicaid assistance. D)Out of total Medicaid spending, over half of the funds go to children, rather than those with higher medical needs, such as seniors, the blind, and the disabled.