Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

my product is bubblegum In recent chapters, you have learned about many aspects of organizational structure, budgeting, and performance evaluation. None of these company characteristics

my product is bubblegum
image text in transcribed
In recent chapters, you have learned about many aspects of organizational structure, budgeting, and performance evaluation. None of these company characteristics operates in isolation. They all interrelate to form an organization's culture and influence employee morale. The following table has several combinations of organizational structure and budgeting preparation style: Participative versus Top Down Budgeting is discussed in the early pages of Chapter 22, and Decentralization can be found in the early pages of Chapter 24. Organizational Structure Budget Creation Process Environment A Centralized Top Down Environment B Centralized Participative Environment C Decentralized Top Down Environment D Decentralized Participative As you are working through this assignment, think about the idea of Controllable Costs from Chapter 24 in regards to performance evaluation, and whether or managers want to be held accountable for things that are outside of their control. Required: . First, pick two of the combinations above and write a brief paragraph for each summarizing both the potential advantages and disadvantages for a company that makes your product. Consider the impact on managers and other employees as well as the potential impact on outside parties such as customers or other organizational stakeholders. Then indicate which of the two corporate environments you would prefer to work within, and briefly explain why you would pick one over the other. . Second, respond to another student's analysis by writing a short paragraph that explains whether you would make the same choice if you worked at a company that makes that other student's product, and why. Try to find a student who discussed at least one environment that you yourself did not analyze in your own analysis of your product, and make sure to consider whether the product in question has any impact upon your decision (i.e. do you think that the type of manufacturing the company does have any impact upon their structure and budgeting process

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial accounting

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

1st edition

471467855, 978-0471467854

More Books

Students also viewed these Accounting questions

Question

7. Define cultural space.

Answered: 1 week ago

Question

8. Describe how cultural spaces are formed.

Answered: 1 week ago