A Manager Wishes to Increase Revenues

question 139

Essay

A manager wishes to increase revenues. One suggestion is to cut prices; another is to raise prices. What are the assumptions each suggestion is based on?

Distinguish between synchronous and asynchronous training methods and their suitability for different learning needs.

Understand the use and benefits of Web 2.0 technology in training and collaborative learning.

Analyze the effectiveness of computer-based training compared to traditional classroom instruction.

Appreciate the role of personal choice in the effectiveness of training methods.

---

Definitions:

Top Management

The highest level of management in an organization, including positions such as CEO, CFO, and COO, responsible for overall strategy and direction.

Budgeting Benefits

The advantages of budgeting, including improved financial management, planning, and control, as well as enhanced decision-making.

Operating Budgets

Financial plans that outline the projected revenue and expenses for the day-to-day operations of an organization.

Budgeted Income Statement

A financial statement that shows projected revenues, costs, expenses, and net income for a specific period of time.