Question: 5 . Based on your calculations, what is the primary source of the problems with the dinner? Who appears to be most directly responsible for
Based on your calculations, what is the primary source of the problems with the dinner? Who appears to be most directly responsible for the dinner failure? Assuming that the problem behind the dinner is the general cause of the EAPCs challenges this year, what recommendations would you make to avoid these problems in the future? The data you have to work with, at least for now, are as follows:
Actual attendees:
Expected attendees:
Actual cost per dinner: mathbf
Budgeted cost per dinner:
The budget was set at the beginning of December
Dinner costs in British pounds were incurred on
May the day of the event.
Dinner costs were invoiced and paid in euros on
May from EAPC accounts.
Daily midpoint exchange rate information are listed in Table
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