Which technique better aligns to the workplace and why

Assignment Help Microeconomics
Reference no: EM13236884

Today, many organizations and managers face new challenges on a daily basis. One critical aspect of the skills that managers lack is planning. You have been asked by your manager to conduct a preliminary search of recommending the two most common types of contemporary planning techniques-project management and scenario planning. Using the library and other credible sources, respond to the following questions regarding the two techniques:

 Compare and contrast project management and scenario planning techniques with particular emphasis on the implications of the techniques for the manager and the organization.

 Which technique better aligns to your workplace? Why?

 Explain why the other technique would not work in your workplace.

 What steps would you recommend your manager take to implement the planning technique you chose?

Reference no: EM13236884

Questions Cloud

What is the strain : An aluminum bar has a length of 2.0 m and transverse dimensions of 3.5 mm and 6.9 mm, What force is required to stretch the bar 1.2 mm
How can edision determine its assets dedicated to two class : Edision Electric Company's president has been arguing that residential electric rates need to be raised relative to industrial rates. His reason is that the rate of return that company earns on its assets is higher from its industrial customers
Explain what is the ph of the buffer after the addition : A buffer contains 0.19 mol of propionic acid (C2H5COOH) and 0.22 mol of sodium propionate (C2H5COONA) in 1.20L. What is the pH of the buffer after the addition of 0.02 mol of HI
Describe does the federal court have jurisdiction : Henry, a resident of Nevada, sued Adam, a resident of Utah in the Federal Court in California. He sought $60,000 damages for personal injuries arising from an automobile accident that occurred in Los Angeles, California. Does the Federal Court hav..
Which technique better aligns to the workplace and why : One critical aspect of the skills that managers lack is planning. You have been asked by your manager to conduct a preliminary search of recommending the two most common types of contemporary planning techniques-project management and scenario pla..
Define how many grams of sodium benzoate : How many grams of sodium benzoate should be added to prepare the buffer? Neglect the small volume change that occurs when the sodium benzoate is added
What is the kinetic energy of each electron : An electron beam is deflected upward through 3.23 mm while traveling in a vacuum between two deflection plates 11.6 mm apart, What is the kinetic energy of each electron when it leaves the space between the plates
How to calculate the ph of the buffer : A lactic acid/lactate ion buffer solution contains 0.29 M hc3h5o3 and 0.80 M C3H5O3-, respectively. The Ka value of lactic acid is 1.4X10^-4. Calculate the pH of this buffer.
Set up the lagrangian and find the optimal consumption : John has a weekly endowment of 140 dollars that he spends on buying games (G) and music cds (M). The price of each game is 30 dollars, the price of each cd is 20 dollars. He can buy any amount of the two goods that satisfies the budget

Reviews

Write a Review

Microeconomics Questions & Answers

  Question related to aggregate demand curve

Determine the effect of an raise in the quantity of money and find the difference between real variables and nominal variables? Are these variables affected through the quantity of money?

  Calculate profit for each quantity

Calculate profit for each quantity. How much should the firm produce to maximizeprofit?

  How to use macrs depreciation in a before tax analysis

Equipment initial cost $ 500,000 Equipment salvage value $ 25,000 Annual gross income $ 300,000 year 1 Income gradient years 2 - 5 $ 25,000 Annual gross income $ 400,000 years 6 - 20 Annual operating expenses $ 160,000 first 10 years

  Draw the two curves relating the capital to labour ratio

There are two goods, Cloth and Food, and two factors of production, labour and capital. Suppose that the production function for each good is "homothetic".

  What difference in fees was to compensate for inequalities

The Wall Street Journal once reported on dating services, noting that the fees were $300 for men and $250 for women. The owner of the service said the difference in fees was to compensate for inequalities in pay scales for men and women

  Why might it be cheaper to drive on a toll-road

How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate Also, can you identify situations where you may fall victim to the sunk cost fallacy (we all do)

  Determine what is the independent variable

When a bank raises its interest rates on loans, it typically sees fewer customers visiting to apply to borrow funds. 1. What is the independent variable 2. What is the dependent variable 3. What is the mathematical relationship between these two vari..

  Identify a feature-an advantage and a benefit for product

What are the advantages and disadvantages of using prepared, or canned, sales presentation? Give examples of when using a canned presentation might be better than using a less structured presentation.

  Difference between the u-form and the m-form

Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography. Why might a large railroad be better organized as M-form than U-form?

  What critiques have brought to bear on bohannans explanation

Reference Paul Bohannan's work among the Tiv, and explain the consequences of the appearance of money on Tiv modes and spheres of exchange. Secondly, what critiques have been brought to bear on Bohannan's explanation

  Briefly list and elaborate on the factors of demand

Briefly list and elaborate on the factors that will be affecting the demand for the following products in the next several years. Do you think these factors will cause the demand to increase or decrease?

  What is the optimal output, price and profit of the firm

Fill in the table for the perfectly competitive firm. Explain how you arrived at each number and what is the optimal output, price and profit of the firm?

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