Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Search for Alternative Courses of Action
The second stage of the decision-making model is a search for a range of possible courses of action (or strategies) that might enable the objectives to be achieved. When the management of a company concentrates completely on its present product range and markets, and market shares and cash flows are permitted to decline, there is a danger which the company will be unable to generate adequate cash flows to survive in future. To maximize future cash flows, it is necessary that management identifies potential opportunities and threats in its current environment and takes any developments which may occur in the future. In particular, the company must consider one or more of the below courses of action:
1. Developing latest products for sale in existing markets;2. Developing latest products for new markets;3. Developing latest markets for accessible products.The search for alternative courses of action includes the acquisition of information regarding future opportunities and environments. It is the most hard and significant stage of the decision-making procedure. Ideally, firms should consider all alternative courses of action, but, firms will in practice consider only a few alternatives, with the search procedure being localized originally. If this kind of routine search activity fails to generate satisfactory answers, the search will become more widespread.
Explain the terms - maintenance and improvement Maintenance ; under the maintenance function, the management must first establish policies rules directives and standard operat
Analysis Various business decisions have recurrent themes: whether to the outsource production or to the support functions, what level of production and pricing to establish, w
Compute the ‘fair' value of the two nearest to expiration futures contracts on the Hang - Seng Index (HSI) using HSI as the underlying asset Answer the following questions: a
What is behind the wave of mergers in the banking industry? A: Several economic factors have caused banking institutions to merge over the past several years. These factors inc
what are the different arguments against direct materials, direct labor, and factory overhead
analyse the methods of capital investment appraisal
FOR each of the following cases, indicate why management and the auditors determined that control deficiency was a material weakness. Case1. In our assessment of the effectiveness
Financial planning programs Such programs differ in complexity. Some simple programs can include only those variables discussed while other more complicated ones can include an
Treasury management is explained as "the corporate handling of all financial matters, the production of external and internal funds for business, the management of cash flows and c
Std error of the slope (Sb) Correlation coefficient measures the degree of association between two variables such as the cost and the activity level. The standard error of ‘
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd