Match each of the following six steps of the basic model of Futures Studies with its correct description (6 marks)       -       A.       B.       C.       D.       E.       F.    Deciding the Focal Issue       -       A.       B.       C.       D.       E.       F.    Making alternative futures models       -       A.       B.       C.       D.       E.       F.    Considering Options, making strategies, and plans       -       A.       B.       C.       D.       E.       F.    Scan for the signals of change, systems, histories, trends       -       A.       B.       C.       D.       E.       F.    Implementing Roadmap / Plan       -       A.       B.       C.       D.       E.       F.    Choosing a preferred future A. Scanning B. Acting C. Forecasting D. Framing E. Visioning F. Planning

In your company (or in an eCommerce retailer that you purchase from), recommend how you (they) should conduct an ABC Analysis and an XYZ Analysis. Evaluate if this is currently being done correctly, from what you can tell.

According to a recent study of approximately 347 financial statement frauds by the law enforcement agencies, senior management is the group most likely to commit financial statement fraud. The CEO was involved in 72% of these frauds, and the CFO’s involvement was 65%. Either the CEO or the CFO was involved in 89% of the cases. Motives for senior managers to commit financial statement fraud are varied. Following are questions which might help to better understanding the reasoning behind. (a)  Appraise the reasons senior management would overstate or understate business performance. Elaborate. (b)  Why would CFOs cook the books even though they know that it is against the law? Elaborate.

3. You are a marketing manager for a food products company, considering the introduction of a new brand of organic salad dressings. You need to develop a marketing plan for the salad dressings in which you must decide whether you will have a gradual introduction of the salad dressings (with only a few different salad dressings introduced to the market) or a concentrated introduction of the salad dressings (in which a full line of salad dressings will be introduced to the market). You estimate that if there is a low demand for the salad dressings, your first year’s profit will be $1 million for a gradual introduction and million (a loss of $5 million) for a concentrated introduction. If there is high demand, you estimate that your first year’s profit will be $4 million for a gradual introduction and $10 million for a concentrated introduction. The payoff table for the organic salad dressings marketing is given as follows: Low Demand High Demand Gradual 1…