CEO wants to assign the budget to each business function for functional strategy execution. As you...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
CEO wants to assign the budget to each business function for functional strategy execution. As you know that business functions are; Finance, Operation, IT, Human Resource, Marketing, etc. Based on the opinion, three functions are selected for budget allocation (Operation, Information Technology, and Marketing) the following are the summarized points based on experts' pairwise comparison. Operations function preferred 4 times as compared to marketing and (1/5) as compared to Information Technology. • Information technology is preferred 8 times over marketing function. What is your opinion about the pairwise matrix based on Cl and CR? O None Consistency ratio is more than 10% so we need to go to experts to take another round of opinion to make more precise matrix. O The consistency ratio is more than 10% and it is good as per SAATY theory. O The consistency ratio is more than 10% and it is good to prioritize functional strategy O Can not say anything CEO wants to assign the budget to each business function for functional strategy execution. As you know that business functions are; Finance, Operation, IT, Human Resource, Marketing, etc. Based on the opinion, three functions are selected for budget allocation (Operation, Information Technology, and Marketing) the following are the summarized points based on experts' pairwise comparison. Operations function preferred 4 times as compared to marketing and (1/5) as compared to Information Technology. • Information technology is preferred 8 times over marketing function. What is your opinion about the pairwise matrix based on Cl and CR? O None Consistency ratio is more than 10% so we need to go to experts to take another round of opinion to make more precise matrix. O The consistency ratio is more than 10% and it is good as per SAATY theory. O The consistency ratio is more than 10% and it is good to prioritize functional strategy O Can not say anything
Expert Answer:
Answer rating: 100% (QA)
ANSWER B Consistency ratio is more than 10 so we need to go t... View the full answer
Related Book For
Excellence in Business Communication
ISBN: 978-0136103769
9th edition
Authors: John V. Thill, Courtland L. Bovee
Posted Date:
Students also viewed these accounting questions
-
What is your opinion about paying human resource managers as much as managers in other functions such as marketing, operations, and finance?
-
5. As you know that the Covid-19 outbreak leads to a global financial crisis and all the central banks of their respective countries are providing stimulus packages to keep their economies operating....
-
The following pairwise comparison matrix contains the judgments of an individual regarding the fairness of two proposed tax programs, A and B: a. Determine the priorities for the two programs. b. Are...
-
The lease agreement and related facts indicate the following: a. Leased equipment had a retail cash selling price of $300,000. Its useful life was five years with no residual value. b. The lease term...
-
Suppose you are a manufacturer of product ABC, which is composed of parts A, B, and C. Each time a new product is created, it must be added to the product inventory, using the PROD_QOH in a table...
-
S The four people below have the following investments. Invested Amount Interest Rate Jerry Elaine $ 11,800 12% 14,800 8 Compounding Quarterly Semiannually 21,800 7 17,800 9 Annually Annually George...
-
How severe are the environmental problems facing humanity and how do they relate to poverty?
-
The KGV Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of St. Lucia. The blood bank has just finished its operations for September, which was...
-
You and your significant other are planning to retire and open a chicken ranch in 40 years. However, you begin a retirement fund to make your dreams come true. You plan to invest $5,000 each year for...
-
The Trust for Public Land (TPL) is a national organization that purchases and oversees the improvement of large land sites for government agencies at all levels. Its mission is to ensure the...
-
(6grades) A rectangular channel B (m) wide is to discharge (14,156.1 L/s) of water having a specific energy of (1.37 m): (a) Find the critical depth of this channel for the given flow. (b) Using...
-
Prostitution is defined as performing or agreeing to perform a sexual act for hire. It is criminalized in all states, except Nevada, where a limited number of rural counties license legal brothels. ...
-
Suppose Mylandia announces that it expects significant cash flow growth over the next three years, and now plans to increase its recent CAD2.40 dividend by 10 percent in each of the next three years....
-
Describe the strategies in the game that Coca-Cola and PepsiCo play. With some assumed payoffs, create a payoff matrix for the game and find the equilibrium outcome. Whats your soft drink of choice?...
-
At the federal level, one who incites, encourages, participates in, and/or carries out a riot may be guilty of an offenseprovided that there is an interstate or foreign commerce dimension to the...
-
Suppose surface tension increases in direct proportion to surface area (an oversimplification!). How does the ratio of surface tension to the force of gravity exerted on a drop change as the drop...
-
The components of a comminution plant include a ball mill, a discharge sump, and a hydrocyclone classifier. Three sizes (class 1, 2 and 3) of dry ore are fed to the plant at a rate of 175 tonnes per...
-
If |62x|>9, which of the following is a possible value of x? A. 2 B. 1 C. 0 D. 4 E. 7
-
With another student, identify the purpose and select the most appropriate medium for communicating the following written messages. Next, consider how the audience is likely to respond to each...
-
Like most other companies today, your firm makes extensive use of the web for internal and external communication. However, after reading about the Web Accessibility Initiative (WAI), you've become...
-
How does the presence of a reader comments feature on a corporate blog reflect audience-centered communication?
-
The Private Securities Litigation Reform Act of 1995 and the U.S. Supreme Court's decision in Central Bank of Denver v. First Interstate Bank of Denver represent major victories in the profession's...
-
What are heuristics, and why are they of concern to auditors?
-
Identify and briefly describe the major files that are typically maintained separately from audit working papers.
Study smarter with the SolutionInn App