1. One of the weaknesses of ROI is that managers are more concerned with the profit of their division and override the profits of the company as a whole. Explain why this is so and provide at least 2 examples.

2. In the current Covid-19 pandemic, is it better for the company to have a high Margin Of Safety or a high Degree of Operating Leverage? Explain.

3. Describe how the balance scorecard can help the company achieve its strategy?

4. Explain the relationship between Target Costing and Lean Manufacturing.