What will happen if the organization is confident that it can predict demand with 100% accuracy?
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What will happen if the organization is confident that it can predict demand with 100% accuracy?
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- 21) It is the core executive team, CEO, COO, and CTO, that makes decisions on strategy. True or False? True FalseThe CEO of the business would like to improve the company’s bottom line by decreasing its expenses for this quarter. In a memo, the CEO suggests capitalizing of the larger repair cost and recognizing it over several months. Is there anything wrong or unethical about the CEO’s suggestion?What is the science of statistics? Why is it important in quality management?
- “Multisource feedback is a tool used to obtain feedback from individuals at various levels of the organization. Frequently, the target employee (the one receiving the feedback) selects the individuals who will provide feedback. What are some potential drawbacks of allowing the target employee to select his or her raters? Should the target employee’s supervisor be responsible for selecting raters? How else could raters be determined? How might we incorporate technology into this process?”When a new business is started, or a patent idea needs funding, venture capitalists or investment bankers will want to see a business plan that includes forecast information related to profit and loss statements. What type of forecasting information do you think would the investors be looking for? Why?Why is managing returns important?
- An analyst has collected the following information regarding Gilligan Grocers: Earnings before interest and taxes (EBIT) = $700 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) = $850 million. Interest expense = $200 million. The corporate tax rate is 40 percent. Depreciation is the company’s only non-cash expense or revenue.What is the company’s net cash flow?elect a Balanced Scorecard publicly available on the internet and discuss how it can benefit the entity and any concerns you have regarding how this particular scorecard could potentially not benefit the entity or in fact add negative value to the entity. Financial Component of Scorecard IF OPTION 1 (FOUND A SCORECARD) Clear, detailed explanation of the strengths and potential weaknesses of this component of the scorecard. Learning and Growth Component of Scorecard IF OPTION 1 (FOUND A SCORECARD) Clear, detailed explanation of the strengths and potential weaknesses of this component of the scorecard. Customer Perspective Component of Scorecard IF OPTION 1 (FOUND A SCORECARD) Clear, detailed explanation of the strengths and potential weaknesses of this component of the scorecard. Customer Perspective Component of Scorecard IF OPTION 1 (FOUND A SCORECARD) Clear, detailed explanation of the strengths and potential weaknesses of this component of the scorecard. Internal Processes Component…Explain the relationships (if there's any) between Forecasting and Inventory Management to a new (non perishable) consumer retail business in your city that has about 2 million residents. The company will employ about 100 people to start out. What do they need to understand? They need your help because they found out you are about to complete your MBA. Complete your response in 4 paragraphs.
- Based on the course materials, what is the importance of monitoring potential savings in food cost control? How and in what ways are they calculated and what do they reveal? Answer in a few sentences or bullets.In your company (or in an eCommerce retailer that you purchase from), recommend how you (they) should conduct an ABC Analysis and an XYZ Analysis. Evaluate if this is currently being done correctly, from what you can tell.After finishing your Bachelor of Accounting, you joined a multinational enterprise in 2007. During the last thirteen years in a multinational enterprise, you have performed various roles, including: Evaluating the systems development methodologies and the role of accountants in system development projects, and Appraising the risks inherent in the Enterprise Resource Planning and analysing the role of ethics and the various internal control processes that need to be in place. Recently, you joined a mid-size company for a senior role as a chief information officer. You are excited to perform this senior role. Mark (the head of your organisation) has decided to implement an Enterprise Resource Planning (ERP) system. Recently, Mark has met with a consulting ERP firm based on a friend's recommendation at his club. During a recent meeting, Mark introduced the chief consultant, charming, personable, and seemed very knowledgeable. The CEO's first instinct was to sign a contract with the…