Why is it important to have senior executive assistance while implementing an indirect spend acquisition plan?
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Why is it important to have senior executive assistance while implementing an indirect spend acquisition plan?
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- What is the incremental analysis approach?What kind of metrics would be useful that are based on testing knowledge after security awareness training? How can you use those metrics? When should you implement the metrics you have gleaned from such training? Is there a process or method you would use to implement them?Why is estimating operation and implementation costs in budgeting important?
- Why is forming a strategic IT plan difficult at most companies?What are the trade offs, explain with the help of example ?How does the master budget for a service company differ from a master budget for a manufacturing company? Which (if any) operating budgets differ and how, specifically, do they differ? Which (if any) financial budgets differ and how, specifically, do they differ?
- Why should the production requirements set forth in the production budget be carefully coordinated with the sales budget? What is participative budgeting? Discuss some of its advantages. Why is it important for a manager to receive frequent feedback on his or her performance?Discuss the importance of strategy and its role in the master budgeting process. A training program allows a firm to establish the necessary abilities in their personnel.Describe the significant of strategic training.
- Suppose that you are the CEO of a car manufacturing company. You have 10 million US dollar to invest. You position your products in your product portfolio by using Boston Consulting Group (BCG) Matrix. So, you have a product line in each quadrant of the matrix. How do you allocate your investment budget among these product lines? Which strategies of growth and competition do you use for each product line?What savings may companies expect when they implement an operational plan that includes outsourcing?Having experienced some training before, what ideal characteristics, qualities or qualifications you expect your trainers to possess so that they can also be of help to you and other NSTP trainees in preparation for the NSRC?