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Q. Show the Merits of using return on investment?
Merits of using return on investment (ROI)
- Relative (percentage) measure so performance can be compared 'relatively' for divisions or business units which are different sizes.
- ROCE is a well understood measure for 'users' of financial accounting.
- Forces a manager to be efficient and effective with resources e.g. money or capital employed to buy assets, when attempting to improve profitability.
A technique employed to help with deciding which software package to select.
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An organisation is reviewing its decision-making information systems and has asked you to recognize suitable assessment criteria for this review. Value for money. Value for m
Q. Illustrate about Value for money framework? The value for money (VFM) framework (the 3Es) Economy (Cheap) e.g. is the organisation procuring resources at the lowe
Louise Nance had working on the assembly line of the Jackson Manufacturing Company for about six months. During recent weeks, her supervisor, Ben Miller, noticed that her productio
1. What are the strengths and weaknesses of the mission statement? Which of these statements are effective guides to decision-making within an organization? Which, if any, of th
A) Producing new and better products or services B) Substitution of require by a related product or service C) Displacing consumer spending into latest unrelated products and
Hamadi Corporation manufactures an electronic component 'AZ-101'. This component is significantly different from its peer companies and has gained a high repute. The company presen
Whether an organization has the resources and competences to deliver a plan
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