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Q. Show the Arguments against the controllability principle?
- Political arguments may occur over such costs which are more subjective than objective when determining controllability. It is not always black and white when determining controllability from uncontrollability.
- Just because a cost is uncontrollable does not mean a manager being assessed should ignore it altogether. As an example if managers recognise there is an interest charge by head office based upon the capital employed used within a division, then to hold them more accountable could help improve efficiency by the minimisation of capital employed. In the case of head office charges, lack of accountability could encourage over consumption of these resources provided centrally.
Explain the internal environment by undertaking the internal auditing in the form of management, marketing, accounting, operations/production research and development an management
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Q. illustrate about Return on capital employed? Return on capital employed (ROCE) = (Profit before interest and tax (PBIT) / Capital employed) x 100% RO
what are the ethics of strategic management?
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Q. Limitations of using balanced scorecard? - Historical performance analysis is no guide to the future. - Manipulation or 'massaging' of performance measures by management,
Tatra is the world's third oldest car company, and produced a number of rather advanced streamlined cars during the course of its production run. Because spare parts and manuals ar
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Do a complete budget for the company you explained in the Business Plan. You will have to display the profit and loss account, Balance Sheet along with discussions on the budget as
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