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The beyond budgeting approach may include the following: Use of rolling budgets concentrating on cash forecasts and not cost control. Budgets revised more frequently
what strategic alternatives followed by Tangy spices ltd?
Q. Neely's 4Cs in performance measurement 1. Check position e.g. where are we now? 2. Communicate position e.g. to internal and external stakeholders. 3. Confirm pri
explain the levels at which strategy operate
Illustrations of internal failure cost The internal perspective may control performance by assessment of internal quality failure. Costs incurred before customer has received
Strategy & principles:- Passing the Test of Moral scrutiny 1. In choosing among strategic alternatives, companies' managers are well advice to embrace actions that are genui
A GIS developed across an whole organization
Q. Show the Merits of residual income? Merits of residual income (RI) - Consistent or goal congruence with profit maximisation e.g. an enforced measure of profitability.
Benefits of using balanced scorecard (BSC) - BSC encourages a long-term view of improving performance through time. - BSC considers both non-financial as well as financial m
Question: (a) Briefly elaborate on the steps for setting up a maintenance strategy. (b) Failures can be grouped in the following three categories namely Induced, Intermitten
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