Our long-term planning model of Dynamic Mattress is an example of a top-down planning model. Some firms
Question:
Our long-term planning model of Dynamic Mattress is an example of a top-down planning model. Some firms use a bottom-up financial planning model, which incorporates forecasts of revenues and costs for particular products, advertising plans, major investment projects, and so on. What sort of firms would you expect to use each type, and what would they use them for?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (21 reviews)
Bottomup models may be excessively detailed and can prevent managers from seeing the fo...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
Question Posted:
Students also viewed these Corporate Finance questions
-
Which of the following is an example of a community risk factor? a. bonding, norms, and resources. b. attitudes, values, knowledge, and skills. c. bonding, climate, policy, and performance. d....
-
Which one of the following is an example of a financing activity? a. Cash payments to purchase debt or equity securities of other entities (other than trading securities) b. Cash payments to...
-
Which of the following is an example of a variable cost? a. Insurance premium for fire insurance on the factory building b. The salary of the company president c. Wood used to make custom tables d....
-
Heating oil futures contracts are traded on the New York Mercantile Exchange (NYM), a division of the CME Group. The standard contract size for heating oil futures is 43,600 gallons per contract. You...
-
The temperature of a solution will be estimated by taking n independent readings and averaging them. Each reading is unbiased, with a standard deviation of = 0.5oC. How many readings must be taken...
-
Below are certain events that took place at Hazzard, Inc., last year: a) Collected cash from customers b) Paid cash to repurchase its own stock c) Borrowed money from a creditor d) Paid suppliers for...
-
As the marketing manager for Independent Packaging Pty Ltd, you have asked the accountant what it costs to make the Container2000 model because you want to set a price for the container. A similar...
-
Obtain all data necessary from the worksheet prepared for Artisan Wines in Problem 12.6A at the end of Chapter 12. Then follow the instructions to complete this problem. In Problem 12.6A...
-
The Cola Production Company showed the following share activity for the year ended 2018 Date January 1st April 1st July 1st Share Activity Beginning Share Balance was 252,000 Issued 84,000 shares for...
-
A circle with a radius 3 cm long is inscribed within a square (as shown below) Point A starts at the 3o'clock position and moves CCW along the circle Point B is fixed at the bottom-left corner of the...
-
Dynamic Mattress decides to lease its new mattress stuffing machines rather than buy them. As a result, capital expenditure in the first quarter is reduced by $50 million, but the company must make...
-
The balancing item in the Dynamic long-term planning model is borrowing. What is meant by balancing item? How would the model change if dividends were made the balancing item instead? In that case...
-
Evaluate. Express answers in standard notation. 0.05 1600 0.0004
-
An object takes \(3 \mathrm{~s}\) to fall from the top of the building to the ground. Calculate what time will be required by the object to fall from the same height on Moon's surface...
-
A ball was dropped from the top of the Eiffel Tower, \(300 \mathrm{~m}\) high. (a) Calculate the time taken by the ball to reach the ground \((b)\) What is the final speed of the ball when it hits...
-
Suppose Best Buy stock is trading for $20 per share for a total market cap of $6 billion, and Walt Disney has 1.8 billion shares outstanding. If you hold the market portfolio, and as part of it hold...
-
A driver starts a car starts from rest and accelerates to \(72 \mathrm{~km} / \mathrm{hr}\) in 10 seconds. He drives at this speed for another \(20 \mathrm{~s}\), and then slows to a stop over a...
-
A scout wants to determine the depth of a dark well. She drops a pebble and hears a splash 5 seconds later. If the speed of sound in air is \(343 \mathrm{~m} / \mathrm{s},\) (a) how long does it take...
-
What would happen to a subcontractors lien release if the GC unilaterally revised their invoice and processed a check?
-
List four items of financial information you consider to be important to a manager of a business that has been operating for a year.
-
On July 24, 2007, the federal minimum wage was increased from $5.15 per hour to $5.85 per hour. Consider the effect of this increase on an unemployed job seeker. Using a job-search model, what is the...
-
The current price of United Carbon (UC) stock is $200. The standard deviation is 22.3 percent a year, and the interest rate is 21 percent a year. A one-year call option on UC has an exercise price of...
-
Suppose you construct an option hedge by buying a levered position in delta shares of stock and selling one call option. As the share price changes, the option delta changes, and you will need to...
-
Other things equal, which of these American options are you most likely to want to exercise early? (a) A put option on a stock with a large dividend or a call on the same stock. (b) A put option on a...
-
Estimate the final temperature in Celsius of the combination if I drop 5 rolls of pennies at 2 0 C ( each roll is 5 0 pennies stacked together; assume they are pure copper ) into a cup of recently -...
-
A 100 gram mass is hung of then end of a cantilever beam . The beam is made of brass, and is 30 cm long (), 2 cm wide, and 3 mm thick. Find the resulting deflection ()
-
The nitrogen-vacancy (NV) and silicon-vacancy (SiV) defects in diamond can lead to many exciting quantum nanotechnologies in physical and biological sciences, including single-photon sensors,...
Study smarter with the SolutionInn App