Describe your company’s annual budget process. If you don’t know how the budget process works, how can you find out? Discuss this with your manager or, if possible, someone in the finance department who oversees budgeting for your department/division. What is your involvement in the process? What works well? What doesn’t work? If you were … Read more
Option 1 Your team has been assigned to design and launch of a new product or service. This could be an external product for sale or an internal service to support other departments. As you prepare for your first team meeting, you know that identifying and classifying costs will be an essential part of … Read more
In Week 7, you will work with a team to conduct a comprehensive cost-benefit analysis for implementing a health information system and create a podcast targeting the board to gain their approval for the implementation. A few things you should do to prepare to complete the assignment are: Click Vila Health: Value and Stakeholder Communication … Read more
Exercise Set A EA 1 EA 2 EA 5 EA 6 EA 7 EA 9 EA 14 Show your calculations for full credit. 60% of available points Please note journal entries may include calculated responses – indicate what account is debit versus credit – create a mini–General Journal to input using the correct format. You … Read more
Select a well-known company with which you have some familiarity (specify the type of industry). Then, select 1 of the contemporary management techniques listed in Chapter 1 of the Blocher, Juras, & Smith textbook. Why and how do you feel that the contemporary management technique selected would be a positive force in helping the company achieve … Read more
involves updating your project plan to cover the costs associated with your identified activities. While not an official area of the assignment, it may help to identify resources and vendors needed to ensure your cost estimates are as accurate as possible. By placing resource against your work packages, you can get a clear visual of … Read more
Opportunity costs and sunk costs are two cost concepts managers should understand in making decisions. Differentiate between opportunity and sunk costs. Are they used differently in making business decisions? Explain.
For this Discussion, imagine the following scenario: You are the director of operations for your company, and your vice president wants to expand production by adding new and more expensive fabrication machines. You are directed to build a business case for implementing this program of capacity expansion. Assume the company’s weighted average cost of … Read more
Assignment Details The project is progressing well, and you have now been asked if there is enough time and budget to create and distribute a new marketing mailing. This mailing will be focused on a new international marketplace, so the existing materials cannot be used as is. The materials will need to be translated (external … Read more
Assignment Details Project managers should determine the required duration of required activities and include additional slack time in putting together a schedule. It is far easier to adjust for an activity that completes early than for an activity running longer than expected. Project scheduling is a key task that will determine the success of … Read more