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1 year ago

Will the managers be able to make informed decisions in woolworth ?

1 answer:

5 0

There is a high amount of possibility that the managers at Woolworth will be able to make informed decisions, if the team involved in decision-making thinks rationally, and in the best interest of the company.

<h3>What is an informed decision?</h3>

An informed decision can be referred to or considered as a decision that is taken by keeping important factors in mind while arriving at a decision, and also managing the core functions with an intention of growth.

In the condition given above, the managers will be able to make informed decisions only if their mindset towards the company is rational, and such decision is in the best interest of the company.

Therefore, the significance regarding an informed decision has been aforementioned.

Learn more about informed decision here:

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<h3>The reason Hall has to go with this option</h3>

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2 years ago

Determine the order in which the following budgets are generally prepared.

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The order in which the following budgets are generally prepared are as arranged below:

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3 years ago

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This would be important to both parties. The business, to make sure they have enough cash flow to pay for the financing. And the financiers, for the same reason.

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This would be important to both parties for the same reason as above. Especially the "current ratio" (current assets / current liabilities) and the "working capital" ratio (current assets - current liabilities).

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This would be of most importance to the financiers. They would want to see the total picture of a company's financial strength.

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