Learning Objective 9-8
1) In which step of the performance-evaluation model would the manager replace the machine rather than keep it?
A) Step 1: Identify the Problem and Uncertainties.
B) Step 2: Obtain Information.
C) Step 3: Make Predictions about the Future.
D) Step 4: Make Decisions by Choosing Among Alternatives.
E) Step 5: Implement the Decision, Evaluate Performance, and Learn.
2) In which step of the performance-evaluation model do managers perceive how peers judge post-performance decisions?
A) Step 1: Identify the Problem and Uncertainties.
B) Step 2: Obtain Information.
C) Step 3: Make Predictions about the Future.
D) Step 4: Make Decisions by Choosing Among Alternatives.
E) Step 5: Implement the Decision, Evaluate Performance, and Learn.
3) Resolving the conflict between the decision model and the performance-evaluation model is a problem in practice.
4) Performance evaluation focuses on responsibility centers for a specific period rather than projects or equipment.
5) Many managers consider it
unethical
to take actions that make their own performance look good when these actions are
not
in the best interests of the firm.
6) What do managers do if the performance-evaluation model conflicts with the decision model?
7) The manager at the Energy Factory reported that the old machine was
not
efficient. The managerial accountant provided the following information: