Managerial Decision Essay - Profit Planning and Control
For each of the following, prepare a one-page, single-spaced, 12-point font, 1-inch margin page response. (Two pages total for both A and B)
A. In early 2015, RadioShack, an electronics retailer,began closing sales at over 1,700 stores as part of its major restructuring after declaring bankruptcy.
More information on the restructuring can be found at:
https://www.foxbusiness.com/industries/2015/02/09/these-radioshack-stores-are-closing/
Describe and explain at least three topics/tools/issues from Chapters 1 - 6, that the company may have considered in deciding how many and which stores to close.
B. Suppose an organization has not implemented either activity based costing or a Balanced Scorecard but believes both would be valuable to the organization. However, management is currently willing to undertake only one major change initiative. Advice management on the decision between implementing an activity based costing model or a Balanced Scorecard.