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Capital budgeting is a method of estimating the financial viability of a capital investment over the life of the investment. A small company is considering whether to purchase a new delivery or to hire a delivery service.
Required:
1. Critically discuss the purpose of capital budgeting. (70 words)
The company’s controller recently attended a conference at which activity-based costing systems were discussed. He became convinced that such a system would help Future Logistics’ management to understand its product costs better. He got top management’s approval to design an activity-based costing system, and an ABC project team was performed to discuss how they can benefit from ABC in preparing the capital budget. Write a memo to the team, in no more than 500 words, commenting on the situation company’s team has been facing. In your memo explain how an activity-based capital budget differs from a conventional capital budget and describe the impact of activity based costing on capital-budgeting decisions.
a. What kind of computational data be evaluated by using BIOCHIPS from human body?
b. After processing these data and converting them to information in which sectors we can get innovative managerial developments. Give two examples about three differents sectors please.
Why do organizations implement enterprise resources planning
Capital budgeting is a method of estimating the financial viability of a capital investment over the life of the investment. A small company is considering whether to purchase a new delivery or to hire a delivery service. Required:
1. Critically discuss the purpose of capital budgeting. (70 words)
2. Elaborate on the four steps to follow when making a decision about a major purchase or project. (60 words)
3. Discuss the two primary types of benefits to consider when evaluating a major purchase or project. (20 words)
4. In case an SME decided to purchase a new delivery truck, identify two primary benefits associated with the purchase. Elaborate on the qualitative non-tangible benefits
The company’s controller recently attended a conference at which activity-based costing systems were discussed. He became convinced that such a system would help Future Logistics’ management to understand its product costs better. He got top management’s approval to design an activity-based costing system, and an ABC project team was performed to discuss how they can benefit from ABC in preparing the capital budget. Write a memo to the team, in no more than 500 words, commenting on the situation company’s team has been facing. In your memo explain how an activity-based capital budget differs from a conventional capital budget and describe the impact of activity based costing on capital-budgeting decisions.
In the last decades, an increasing number of clubs, associations, and partnerships behind professional team sports have become business enterprises as well; as regards their income and number of employees, there are numerous companies managing sports clubs in the medium sized enterprise sector.
In order to develop and manage a suitable business strategy, a growing number of sports companies use processes applied in business solutions; the German football team VFB Stuttgart can be seen as an example, being the first in Bundesliga to introduce the Balanced Scorecard method for the definition of strategic directions and process control (IFUA Horváth and Partners, 2004).
Required: Identify two metrics or KPI's (Key Performance Indicators) for each of the balanced scorecard’s four areas for any sports team of your choice. (50 words)
Question Two
A non-governmental organization has offices located in six regions. Given below is data on staffing and running costs in each of the regions
Number of staff
10
8
14
12
11
9
Running cost (‘000)
102
93
143
121
118
99
i) Determine the simple linear regression equation for this data (8 marks)
ii) Using the equation in (i) estimate the cost of running an office with only 5 employees. (2 marks)
iii) Compute the coefficient of correlation and coefficient of determination and interpret their values. (2 marks)
MG Motors have been having a tough time from the time of their launch in India. They
feel that there have been a lot of pilferages and wastage in their production and they need to sort it out as soon as possible. Also, the time taken to manufacturer one unit of their
cars is extremely high as compared to global benchmarks. They have hired you as a
consultant for the same? Can you explain the concepts of JIT and Lean Production to
them and help them apply the same in order to reduce their troubles?
Can you explain the concepts of JIT and Lean Production to them and help them apply the same in order to reduce their troubles?
