Your friend, Drew, is a strong personality. When you explain the planning control cycle, Drew balks at

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Your friend, Drew, is a strong personality. When you explain the planning control cycle, Drew balks at the entire notion. He says, “I know precisely what I want to do. Only indecisive people look back and revise their decisions. I only look forward, never back!” Drew also says, “The belief that every decision follows a clean 4-stage cycle is absurd. Every decision worth making will have many sub-decisions. Take for example, our coach’s decision about who plays varsity.
By the time Coach revisits this decision at the end of your planning-control cycle, he might have changed the starters several times. In fact, Coach changes the players in the game every few minutes. Each of these actions is a decision as well. How does this fit with the overall planning-control cycle for the decision of which players to have on the varsity team?”

Required:
Comment on Drew’s assertions.

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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