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Q. Feed-forward control - prevention rather than cure?
Feed-forward control would be a system that in a pre-emptive way, reacts to changes in its environment, normally to maintain some kind of desired state. Feed-forward control systems react to future performance expected e.g. make control adjustments, before adverse conditions expected do occur.
An electronics firm is presently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 per unit. Fixed costs are$14,000 per month. present
Question 1: (a) Explain a framework for a company to manage its application portfolio. (b) Apply the application portfolio concept to show the different applications for a
A customer has engaged your software development company to develop a new order-processing system. However, the time frames are very tight and inflexible for delivery of at least t
The assignment for the module is an individual report which contributes 25% of the module total mark. You should conduct a Strategic Position Analysis (Situation Analysis) on an or
You are considering shortly opening a copier serving center near a university. Your estimate of fixed cost is at $15,000 a year and the variable cost for every copy made is $0.01.
At this time, take a step back and clear your head. Spend a few moments in deeper thought about yourself, in a self-evaluative manner. Then, describe how you will incorporate what
Q. Show the Limitations of ratio analysis ? A ratio on its own is meaningless, accounting ratios must always be interpreted in relation to other information. Ratios based on h
Europe and the U.S have been pioneers in macro and micro scales in business, both internationally and in their local market. But U.S can be said to be a few step ahead of Europe, c
Tools to influence social control Mission statements for example purpose and goals promoted. Reward for example linking remuneration with performance. Punishment
Problems of profit based measures - Absolute profit measures ignore the amount of investment in the division e.g. does not look at profit relative to capital employed. -
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