As Charlie wrapped up the meeting, he ticked off a few key reminders for everyone involved in the asset identification project. “Okay, everyone, before we finish, please remember that you should try to make your asset lists complete, but be sure to focus your attention on the more valuable assets first. Also, remember that we evaluate our assets based on business impact to profitability first, and then economic cost of replacement. Make sure you check with me about any questions that come up. We will schedule our next meeting in two weeks, so please have your draft inventories ready.” QUESTIONS: Did Charlie effectively organize the work before the meeting? Why or why not? Make a list of the important issues you think should be covered by the work plan. For each issue, provide a short explanation. Will the company get useful information from the team it has assembled? Why or why not? Why might some attendees resist the goals of the meeting? Does it seem that each person invited was briefed on the importance of the event and the issues behind it?
As Charlie wrapped up the meeting, he ticked off a few key reminders for everyone involved in the asset identification project. “Okay, everyone, before we finish, please remember that you should try to make your asset lists complete, but be sure to focus your attention on the more valuable assets first. Also, remember that we evaluate our assets based on business impact to profitability first, and then economic cost of replacement. Make sure you check with me about any questions that come up. We will schedule our next meeting in two weeks, so please have your draft inventories ready.” QUESTIONS: Did Charlie effectively organize the work before the meeting? Why or why not? Make a list of the important issues you think should be covered by the work plan. For each issue, provide a short explanation. Will the company get useful information from the team it has assembled? Why or why not? Why might some attendees resist the goals of the meeting? Does it seem that each person invited was briefed on the importance of the event and the issues behind it?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
As Charlie wrapped up the meeting, he ticked off a few key reminders for everyone involved in the asset identification project. “Okay, everyone, before we finish, please remember that you should try to make your asset lists complete, but be sure to focus your attention on the more valuable assets first. Also, remember that we evaluate our assets based on business impact to profitability first, and then economic cost of replacement. Make sure you check with me about any questions that come up. We will schedule our next meeting in two weeks, so please have your draft inventories ready.”
QUESTIONS:
- Did Charlie effectively organize the work before the meeting? Why or why not? Make a list of the important issues you think should be covered by the work plan. For each issue, provide a short explanation.
- Will the company get useful information from the team it has assembled? Why or why not?
- Why might some attendees resist the goals of the meeting? Does it seem that each person invited was briefed on the importance of the event and the issues behind it?
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