Some of the things that are the responsibility of the operational sector are capacity planning. Describe operational management functions in capacity planning.

Q: What is conceptually the most defensible method for allocating support-department costs? Why?

A: Cost Allocation Method: The cost allocation method is the method by which the costs to be assigned…

Q: Discuss the significance of the Project Management Body of Knowledge (PMBOK) and its importance in…

A: Project Management Body of Knowledge (PMBOK) is a  set of accepted standardized terminology ,…

Q: How can we measure the ROI of knowledge Management initiatives in organizations?

A: The question is based on the concept of quantification of impact of expenses made in knowledge…

Q: Define the following according to your understanding (a)Manager (b)Management

A: Manager and management  terms are used in business organizations

Q: How does the external analysis affect other components of the strategic management process?

A: Setting objectives, examining the competitive environment, studying the internal organization,…

Q: Explain how a company's approach to planning and its mission can be translated into action plans.

A: Planning is a process that helps to bridge the gap between where we are and where we want to be.…

Q: Explain the Role of environmental costing in improving organisational performance

A: Environmental Costing is an important tool for understanding the role played by the Natural…

Q: Discuss how management accounting fits into an organization’s structure

A: Staff managers provide support services to the line managers. Staff managers are specialists that…

Q: ) Give an example of a department corresponding to an investment center, specifying the practical…

A: Give an examle of a department corresponding to an investment centre.

Q: Classification of final goods in management accounting pesperctive.

A: In management accounting, final products refer to the goods or services that have completed the…

Q: Give an example of a common resource in an organization. List some of the opportunity costs…

A: Opportunity cost: Opportunity cost refers to the forgone revenue that could have been generated…

Q: Discuss the importance of nonfinancial information in measuring investment-center performance.

A: Non Financial Information Non financial information refers to those aspects of business which cannot…

Q: Give examples of allocation bases used to allocate support-department cost pools to operating…

A:

Q: Briefly explain the relationship between the organisation's mission statement and performance…

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: There are three general strategies identified as the basic co

A: Strategic Cost Management:  Strategic Cost Managemeent is the provision and analysiis of Cost and…

Q: Costing systems and investment centres are two types of business segments that are entirely…

A: The excess of revenues over expenses is defined as the net profits of the organization. he cost of…

Q: The objective of Human resource accounting in the modern organizations is to____ a. Attract the…

A: The correct option is  B. All of the given options

Q: define the characteristics of an organized structure   which are the most relevant features for an…

A: Organizational Structure:   Organizational structure refers to the manner in which activities such…

Q: Name the function of management which involves making decision in advance? a. Staffing b. Organizing…

A: Functions of Management - 1. Staffing - Staffing is the hiring process of the employees. A per the…

Q: What is management’s primary objective?

A: The primary objective of the management is Shareholders wealth maximization which is a long-term…

Q: The management function of organizing and directing is mainly concerned with setting goals and…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Understand how management accounting fits into an organization’s structure

A: Management accounting:  Management accounting measures, analyses, and reports both financial and…

Q: A strategic systems plan is a major output of the steering committee and professionals's in-charge…

A: The objective of this question is to understand the key components that should be included in a…

Q: Discuss how the project manager can evaluate the framework of the project and the project management…

A: Answer: Measuring project success and gaining from fizzled projects may have a significant impact on…

Q: Explain four types of standard in Performance Management Accounting.

A: performance management standard or those standard that has been set up by the regulating body to…

Q: 4 Human resource management is an example of an activity at which of the following levels?…

A: Human resource management (HRM) is fundamentally an organization-sustaining activity because it…

Q: Why is it important to consider workforce capability and capacity in designing and sustaining high…

A: Workforce capability refers to the ability of an organization to accomplish its goals such as…

Q: brenchmarking to improve an organizations performance

A: Benchmarking is the method of fixing standards for evaluating the performance of the business entity…

Q: Discuss the role of performance reports in the Responsibility Accounting process.

A: Performance reports are organised papers or slideshows that offer a thorough overview and analysis…

Q: Which of the following terms is used to describe the process of developing the organization’s…

A: Improving process: it is a process of identifying and analysing of existing process improving them…

Q: What are the levels of operations performance?

A: There are three levels of operations performance is as follows: Societal level: Social activity is…

Q: What challenges must be addressed in quantifying the value of information to the organization?

A: Information can be defined as any data or knowledge that an organization collects, processes,…

Q: How to define an organizational subunit as a cost center, a profit center, or an investment center?

A: Defining an organizational subunit as a cost center, profit center, or investment center depends on…

Q: Explain how company's approach to planing and it's mission can be translated into action plans

A: Planning: Planning refers to the process which helps in bridging the gap between the point the…