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Ranking of Decision Packages
The ranking procedure is employed to establish a rank priority of decision packages in the organization. Throughout the ranking procedure managers and their staff will examine each of the numerous decision package alternatives. The analysis permits the manager to choose the one alternative which has the greatest potential for attaining the objective(s) of the decision package. Ranking is a manner of computing all decision packages in relation to each other. As, there are any numbers of ways to rank decision packages; managers will no doubt employ different techniques of ranking. The major point is that the ranking of decision packages is a significant procedure of ZBB.
Graphic method of break even analysis or break even chart The break even point can also be computed graphically. A break even chart is a graphical representation of marginal co
The Braggs & Struttin'' Company manufactures an engine for carpet cleaners called the "Snooper." Budgeted cost and revenue data for the "Snooper" are given below, based on sales of
M/s ABC has an existing sales of Rs.50 lakhs and permits a credit period of 30 days to its customers. The firm cost of capital is 10% and the ratio of variable cost to sales is 85
static budget
Human behavior and budgetary control An important feature of control in business is that control is exercised by managers over people. Their attitudes and response to budgetary
Scorecard The traditional approach to the monitoring organizational performance has focused on the financial measures and the outcomes. Increasingly, companies are realizing th
I am part of a marketing group, and we are working on a project for a local cable company,they currently serve 3,200 customers and sell 50 wireless boxes a month,what I need to do
What is Direct material cost variance It can be defined as the difference between the standard costs of direct material specified and the actual cost of direct material used.
Risk : Risk includes circumstances or events that may or may not take place though whose probability of occurrence can be predicted from the past records. In this atmosphere, t
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