JWI 530 Week 10 Discussion | Assignment Help | Strayer University
- strayer university / JWI 530
- 15 Sep 2018
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JWI 530 Week 10 Discussion | Assignment Help | Strayer University
Week 10
| Discussion
Respond
to one of the two options:
Option 1
-- As you're learning in assignment 2, a key technique in managerial
accounting/finance is the use of “Cost Benefit Analysis” to help management
make better business decisions. Define this approach in your own words and
discuss 1-2 applications of this concept in your current work environment
(examples might include make vs. buy, plant location, new product or packaging,
downsizing, acquisition/divestiture, etc.). Discuss a variable or assumption
within the project where the data was difficult to obtain -- and what you did
to develop a reasonable assumption for the project economics. Additionally,
share or create one example where using financial data and cost-benefit
analysis did or could have led to a better decision.
Option 2
-- Describe your company's financial forecasting or annual budget process. What
is your involvement in the process? What works well? What doesn't work? If you
were CEO/CFO, what changes would you make and why? And how would you
communicate to employees the value that the process brings to the business?