The process of choosing among competing alternatives is called a. planning.b. decision making.c. controlling.d. performance evaluation.e. None of these.

Q: There are some M&As, which are driven by cognitive errors such as managers’ hubris. Explain how…

A: The phrases "mergers" and "acquisitions" are sometimes used interchangeably although their meanings…

Q: What are three important pitfalls to avoid when implementing a balanced scorecard?

A: Balanced Scorecard:Balanced scorecard is a management and planning strategy for organizational…

Q: When the producer delivers the policy, all of the following should be explained EXCEPT? Select one:…

A: The question is based on the concept of insurance and insurance contracts. An insurance contract is…

Q: Label each of the following statements as either true (“T”) or false (“F”). An opportunity cost is…

A: Answer:   True.

Q: It says that step a is wrong. That those are not the right ROI's. Is there another way to solve that…

A: Introduction:- Return on investment indicates how well an investment performed in comparison to the…

Q: Mazen is not keen on collecting facts and information while solving problems. He is spontaneous in…

A: Decision-making could be defined as the process of choosing the best alternative out of several ones…

Q: . The Kano model classifies needs into three categories. Which of the following is not acategory in…

A: Kano model is developed in 1984 by Noriaki Kano for: Categorizing and prioritizing customer needs…

Q: How do simulation analysis and scenario analysis differ in the way theytreat very bad and very good…

A: The process to evaluate different probable events and their outcomes that is end result of a project…

Q: Which of the following is not a criticism of using ROI as the only performance measure?

A: ROI stands for Return on investment that shows the return earned by the company on the capital…

Q: a. Which process would you use if you use an optimistic decision-making criterion? b. Which process…

A: CVP Analysis stands for Cost Volume Profit. CVP Analysis is used to consider the various figures…

Q: The practice of bringing specific issues to the attention of management if they depart from…

A: Management by exception is a recognition and interaction device that alerts a manager whenever and…

Q: what is differrance between effectiveness an Efficiency

A:

Q: s it possible that a positive alpha will be associated with inferior performance? Explain.

A: The statistical measure which is used in modern portfolio theory is alpha. The relationship between…

Q: MCMC and autocorrelation related to each other? If related, then what are the disadvantages…

A: GIVEN     MCMC and autocorrelation related to each other? If related, then what are the…

Q: a) Explain how differential analysis assist managers in evaluating special order decisions? (No…

A: a) Special order refers to a unique one-time order made by a customer(usually one-time)…

Q: What are the advantages and disadvantagesof the residual policy? (Hint: Don’t neglect signaling and…

A: The residual dividend policy is one of the types of policies for the payment of dividends to…

Q: Internal rate of return approach does not address the issues of scale! Discuss?

A: Capital budgeting is a method used for finding the profitability of investment proposals. These…

Q: control is the process of setting goals and determining way to achieve them true false

A: Control is a function of management in accounting which helps to check errors in order to take…

Q: Discuss why the ROE is the key ratio under management control and how the other ratio effect the…

A: ROE is the net income divided by average equity. The ROE is a very important ratio and helps to…

Q: Factors in a decision problem that cannot be expressed in numerical terms are: a. qualitative in…

A: Correct Answer is Option A i.e. qualitative in nature.

Q: “Total input includes abnormal as well as normal spoilage and is, therefore, inappropriate as a…

A: Inventory shrinkage: It represents the loss of inventory. In other words, it refers to the…

Q: Which of the following is not a characteristic of a good performance measurement system? Group of…

A: There are many measures used by an organization to measure the performance of its employees. The…

Q: What is the benefit of identifying avoidable and unavoidable cost in decision making process?

A: Avoidable costs: Avoidable Costs, as the name suggests, are the costs that can be avoided of the…

Q: What kinds of controls are the most difficult to show in a balanced scorecard?

A: The balanced scorecard is a too for measuring the performance.

Q: Discuss the benefit of identifying avoidable and unavoidable cost in decision making process.

A: Benefit of Avoidable Cost   1. Avoidable cost Avoidable cost helps management in decision making…

Q: If a MARR is given by management, which means that decision makers would like a ROR: Select one: O…

A: Rate of return means the percentage of profit we get from any project and MARR means the minimum…

Q: Future costs that do not differ among the alternatives are not relevant in a decision. True or False…

A: A expense that is anticipated to be incurred in the future is referred to as a future cost. It is…

Q: . What factors determine the relevance of information to decision making? 2. What are sunk costs,…

A: Majorly decision-making managers have to consider the relevant information which is associated with…

Q: What is the implication of the cost of the “wrong decision” in the selection process

A: Selection process refers to the process in which we choose an alternative from all the available…

Q: Stakeholders are less likely to include which of the following groups

A: Meaning of Stake holders In any entity stake holders can be segregated in to internal and external…

Q: Which of the following statements about the visual fit method is/are correct? A: The method results…

A: Answer-    Visual Fit Method is a cost estimation method in which previous data on cost levels and…

Q: Briefly explain the importance of distinguishing between relevant and irrelevant costs for the…

A: The costs that are affected by decision are relevant cost and  those costs are not get affected are…

Q: The inputs to a model may have different roles. Among the choices, which should be excluded?…

A: Inputs are main variables for decision making in any model. Inputs influence the output amd the…

Q: If a MARR is given by management, which means that decision makers would like a ROR Select one: 3.…

A: MARR represents the minimum acceptable rate of return fixed by the management. The company would…

Q: Setting objectives and identifying methods to achieve those objectives is calleda. planning.b.…

A: Planning entails the maintenance and organizational approach to reaching strategic goals. Managers…

Q: How will management know if one of the hypotheses underlying the balanced scorecard is false?

A: The best way to sort out if the speculation is valid or bogus is by trying it. All the speculation…