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Q. Arguments for the controllability principle?
- It would be considered fairer by a manager if they were not assessed on costs which are not within their own control. This is on the verge ofimproving motivation and morale.
- If a manager was assessed on costs which were not within their control, it could be argued there would be little they could do about these costs any way, even if exceptions were reported.
Explain the importance of costs in the pricing strategy of your chosen organisation. Importance of Cost Cost is more important than ever before, especially in the current e
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Q. What is performance pyramid? The performance pyramid Like the balanced scorecard or 6-dimensional performance matrix, the performance pyramid is a multidimensional mo
Question 1: Read the article in the assigned Reading, “Management: A Journey in Progress.” Which do you think are the most enduring management principles and management responsibil
do all organisations need strategic plans
Free cash flows can be arrived at by using the following calculation Operating profit before interest and tax (PBIT) + Depreciati
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Akash Engineering Ltd. (AEL) had achieved sales of Rs. 3440 lakhs during the year 2004-05 against sales of Rs. 1209 lakhs previous year. The sales this year were highest ever achie
You are the newly-appointed Marketing Director of a multinational company operating in the national and regional plantation industry. In order to achieve a 100% business growth com
(a) Define the concept of strategic performance management. (b) Explain how the Balanced Score Card (BSC) is used to connect strategic planning to performance measurement in
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