Important financial tools that managers have at disposal

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Reference no: EM132083972

1. Why is making automation decisions important?

Because of the inflexibility involved.

It produces less decision-making errors.

To keep up with the competition.

2. An important aspect of this compensation simulation is:

How it imitates labor markets.

The nonlinearity of all motivation tools is important.

To further enrich the situation

3. The one "wild card" you have, even with a differentiation strategy, is?

This approach works to absorb overheads and fixed costs that would otherwise have to be borne by branded shoes.

With lower unit costs, you can be more competitive in the differentiation markets.

The private label markets that are available in each region.

4. Using debt is one of the most important financial tools that managers have at their disposal.

True

False

5. As a manager, you should be able to avoid overly optimistic projections of sales volume or price levels.

True

False

Reference no: EM132083972

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