In Which of the Following Situations Is the Coalition Likely

question 21

Multiple Choice

In which of the following situations is the coalition likely to be the least stable?

• A) The coalition was formed early in the negotiation between members holding similar views.
• B) The coalition uses the Shapley model to determine the distribution of resources.
• C) The coalition uses the circular logrolling method to determine the costs that are to be incurred by each of its members.
• D) One of the members of the coalition regards the proposed allocation of resources to be unfair.

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Definitions:

Fiscal Year

A 12-month cycle utilized for the purposes of financial statements and planning budgets, not necessarily coinciding with the calendar year.

Standard Variances

Differences between planned or standard costs and actual costs in budgeting and accounting, used to monitor and control operational performance.

Principle of Exceptions

The principle of exceptions is a management concept focusing on identifying and dealing with cases that deviate from the normal operation or standards, thus streamlining processes and oversight.

Standard Costs

Predetermined costs for manufacturing or acquiring products, used as a benchmark to compare with actual production costs for budgeting and performance evaluation.