Chapter 11 Communication and Information Technology True/False Questions UNDERSTANDING COMMUNICATION 1. If a manager clearly and articulately verbalizes instructions to a subordinate‚ communication can be said to have taken place. (False; moderate; p. 293; AACSB: Communication) 2. In the study of management‚ communication generally refers to interpersonal communication. (False; moderate; p. 293; AACSB: Communication) 3. When work groups tease a member who’s working too hard or producing
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CAPITAL BUDGETING PROBLEMS: CHAPTER 11 Answers to Warm-Up Exercises E11-1. Categorizing a firm’s expenditures Answer: In this case‚ the tuition reimbursement should be categorized as a capital expenditure since the outlay of funds is expected to produce benefits over a period of time greater than 1 year. E11-2. Classification of project costs and cash flows Answer: $3.5 billion already spent—sunk cost (irrelevant) $350 million incremental cash outflow—relevant cash flow $15 million per year cash
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11 Balanced Three-Phase Circuits Assessment Problems AP 11.1 Make a sketch: We know VAN and wish to find VBC . To do this‚ write a KVL equation to find VAB ‚ and use the known phase angle relationship between VAB and VBC to find VBC . VAB = VAN + VNB = VAN − VBN Since VAN ‚ VBN ‚ and VCN form a balanced set‚ and VAN = 240/ − 30◦ V‚ and the phase sequence is positive‚ VBN = |VAN |//VAN − 120◦ = 240/ − 30◦ − 120◦ = 240/ − 150◦ V Then‚ VAB = VAN − VBN = (240/ − 30◦ ) − (240/ − 150◦ ) = 415.46/0◦ V
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An Introduction to Strategic Cost Management (SCM) Vance Chan Associates www.vancechan.com Introduction to SCM ©1998 Vance Chan Associates. Not to be reproduced without permission. 1 The challenge Rising costs are everyone’s concern… Introduction to SCM ©1998 Vance Chan Associates. Not to be reproduced without permission. 2 The challenge In today’s economy‚ most companies must make fundamental changes to cost structure while trying to maintain growth Slower revenue
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Datar‚ S.M. and Foster‚ G. (2003) Cost Accounting - A Managerial Emphasis‚ Pearson Education‚ Inc.‚ New Jersey‚ Eleventh Edition CHAPTER 11 DECISION MAKING AND RELEVANT INFORMATION 11-1 The five steps in the decision process outlined in Exhibit 11-1 of the text are: 1. 2. 3. 4. 5. Obtain information Make predictions about future costs Choose an alternative Implement the decision Evaluate performance to provide feedback 11-2 Relevant costs are expected future costs that differ among the alternative
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MBA 7100 Strategic Cost Management Fall 2012 Dr. Dave Bukovinsky Analysis Assignment #1 Purpose: This assignment builds on the balanced scorecard concept by considering the implications of linking compensation to the balanced scorecard metrics. Students will consider the advantages and disadvantages of linking compensation to the scorecard‚ implementation issues‚ as well as the appropriateness of the compensation plan. Requirements: Read Case 2-48 on page 53 of your text. Answer
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From the A12 redesign proposal‚ it shows that the current standard cost system is unable to link the reduction in the number of parts to activity reductions and cost savings. The labor-direct-based standard cost system reflects the cost of A12 is distorted. Using the ABC system‚ according to the activities of A12 allocate the overhead cost to A12 that could find that the current overhead cost of A12 was overstated by the standard cost system. At last‚ A12 Junction Box could be identified it is an attractive
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CHAPTER 11 CORPORATIONS―AN INTRODUCTION Review Questions 1. “A corporation is an artificial person separate and distinct from its owners.” Briefly explain this statement. 2. Identify the types of relationships that can exist between a corporation and its shareholders. 3. What factors may influence the value of a corporation’s common share capital? 4. Identify two ways in which a shareholder can realize a return on a share investment. Describe the relationship between them.
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Strategic Cost Management Chapter 11 The Honda Business Model for Suppliers Six-year plan 100% understanding of all components of product cost Lean supplier development concurrent engineering Flawless new product launch Communications The Value Equation Definitions Price analysis Process of comparing supplier prices against external price benchmarks Cost analysis Process of analyzing each individual cost element that makes up final price Total cost analysis Applies value equation
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1) Identify and define the Big 5 personality dimensions. Which of these are related to job performance? Describe how you would rate yourself on each of these dimensions‚ and explain why. The Big 5 personality factors are: Extroversion: how outgoing‚ positive‚ talkative‚ assertive‚ sociable a person is. Agreeableness: A tendency to be compassionate and cooperative rather than suspicious and antagonistic towards others. Conscientiousness: A tendency to be organized and dependable‚ self-discipline
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