Explain traditional managerial approach

Assignment Help Managerial Accounting
Reference no: EM1349865

1. Explain Traditional managerial approach? How would allocate resources based on cost efficiencies attempting to optimize benefit for the cost. How political approach to budgeting is one of political responsiveness and ranking system based on relative strength of a group.

2. How would how will you know what the needs are without the public participation/political element? The other issue to consider is accountability. Managing public funds and decisions can likely be done more quickly when there is little political input and administration is run like a business; but how will accountability to the public fit into this process?

3. Do you think political responsiveness keeps leaders of public agencies accountable to the public? Why? How?

4. How does a public administrator have an obligation to the public to allocate and manage resources in a cost efficient and effective manner?

Reference no: EM1349865

Questions Cloud

What time interval will the block start to slip : Find out the critical angle theta_ce for e-waves in calcite. The index of refraction for light with electric field parallel to the optical axis (called extraordinary waves or e-waves) is 1.4864. The index of refraction for light with electric fiel..
Divisions rank based on net income and roi : Top management of the Gates Company is trying to create a performance evaluation system to use to evaluate each of its three divisions.
Results of research from social psychologists : There are times when the results of research from social psychologists differ from the widely held beliefs of people and from what some would call common sense.
Business reprocess engineering-strategic information system : Some people may say that Business Reprocess Engineering (BPR) is special case of strategic information system, whereas, others may say opposite is true. Describe this statement in scholarly detail.
Explain traditional managerial approach : Explain Traditional managerial approach? How would allocate resources based on cost efficiencies attempting to optimize benefit for the cost. How political approach to budgeting is one of political responsiveness and ranking system based on relati..
Calculating standard material cost : Bulkboy Fitness Equipment, Inc. was recently created to produce and sell its "Biception" arm machine. Bulkboy decided to use a standard cost system to record costs related to the production of this product.
What is the speed of each marble immediately : A certain light truck can go around a flat curve having a radius of 150 m with a lowest speed of 38.0 m/s. With what maximum speed can it go around a curve having a radius of 87.0 m.
Self-concept and the use of self-schemas : Describe a recent EVENT of self-concept and the use of self-schemas, self-esteem, and self-efficacy.
Describe a shift of the aggregate demand curve : Describe whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Great outdoze company-variable cost of production

Great Outdoze Company manufactures sleeping bags, which sell for $67.00 each. The variable costs of production are as follows: Calculate the product cost per sleeping bag under (a) absorption costing and (b) variable costing.

  Kiel center-cash collections budget

Kiel Center sells only on credit (no cash sales). Prior collection patterns describe that 28% of month's sales are gathered in the month of sale, 51% are collected in month after the sale, and 19% are collected in second month after the sale.

  Calculate relevant per unit cost and alternative

Lewis Auto Company manufactures a part for use in its production of automobiles. When 10,000 items are produced, the costs per unit are:

  Question on sampling from managerial perspective

Describe the importance of sampling from the managerial perspective. Give examples.

  Managerial accounting-decompose price of zinc

Prepare a table that decomposes the total purchase price of the zinc ($5,530) into its various components as calculated by the standard cost system.

  Cvp analysis of advanced electronics

Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relates to period just ended when the company manufactured and sold 42,000 speaker sets:

  Market segment-demographic and psychographic info

Select a "market segment". Research demographic and psychographic information regarding this segment.

  Question on segment margin

Martin Company is a two-division firm and has following information available for this year:

  Estimating cost-behavior patterns

The following information provides the amount of cost incurred in May for the cost items indicated. During May 16,000 units of the firm's single product were manufactured.

  Differences in flexible and static budget

You're in the job interview and your possible employer asks you to explain the differences between the flexible and static budget and to explain which you would recommend for the small business and why. How would you respond to this potential empl..

  Target costing-mucky duck swimsuits

Assume that Mucky Duck uses target costing. What is the price that Mucky Duck would charge the retailer for the All-Body swimsuit? What is the highest acceptable manufacturing cost Mucky Duck would be willing to incur to produce the All-Body swim..

  Discuss cost classifications differences

H & R Block is a service company that prepares tax returns; Borders is a retail company that sells books and CDs; Indian Motorcycle Corporation is a manufacturing company that makes motorcycles.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd