Scenario D: Sunrise Health Systems Has Hired a Consultant to Help

question 29

Multiple Choice

Scenario D: Sunrise Health Systems has hired a consultant to help with organizational decision making.The consultant's first meeting is set up to explain to the managers of Sunrise Health Systems various models of organizational decision processes.Each of the managers seems to prefer one of the models over the others.
-When the management discussed making decisions in a crisis,the consultant suggested an effective plan for crisis management.Which of the following elements would have been included in the plan for crisis management given by the consultant?

• A)communication actions
• B)operational goals
• C)SWOT analysis
• D)BCG matrix
• E)domain selection

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Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, labor, and both variable and fixed overhead - in the cost of a product.

Net Operating Income

An entity’s income after all operating expenses have been deducted from total revenue, excluding taxes and interest charges.

Variable Costing

A costing method in which fixed manufacturing overhead is not assigned to the product, but rather treated as an expense of the period.

Absorption Costing

is an accounting method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed manufacturing overhead—in the cost of a product.