The balanced scorecard model differs from project selection models by reviewing projects during several consecutive short periods of time.
Answer the following statement true (T) or false (F)
False
The balanced scorecard model reviews projects over a long horizon and measures the results of major activities taken to support the overall vision, mission, and goals of the organization. This model helps answer two questions: "Did we select the right projects?" and "Did the project contribute to the long-range strategic direction of the firm?" The scorecard model limits measures of performance to goals in four main areas: customer, internal, innovation and learning, and financial measures.
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All of the following management roles fall under the decisional role category, EXCEPT ______.
a. leader b. resource allocator c. negotiator d. entrepreneur
The opening of a direct claim letter should ________
A) explain the problem in detail and justify your request B) express anger to show the reader that you are serious C) open with a clear statement of the problem or with the action you want the receiver to take D) remain vague to allow the reader to decide on a remedy for the problem
If your affordable home mortgage is $100,000 and you need a 20% down payment, your affordable home purchase price is
A) $144,000. B) $125,000. C) $100,000. D) $80,000.
A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements. These forecasts need to be seasonalized because each day of the week has its own demand pattern
The seasonal indices for each day of the week are: Monday 0.445; Tuesday 0.791; Wednesday 0.927; Thursday 1.033; Friday 1.422; Saturday 1.478; and Sunday 0.903. Average daily demand based on the most recent moving average is 194 patrons. What is the seasonalized forecast for each day of next week?