Management Control Systems 4th Edition

The Land Acquisition process - the land acquisition process was a lengthy process in case the firm had to ensure that the committee of the City Council will give all the approvals. This could be a cumbersome process and it might take years for the approvals. There were times when Robinson Brothers Homes bought the land at the retail prices and this would not require any set of approvals to be approved by the city councils since everything is factored in the price of the land at which they used to buy. This would require less time. The firm submitted a proposal or a draft around the land around 4 risk categories and they will come up with a minimum threshold of required rate of return for the given amount of risk. The proposal had all the details around the market overview, costs, return, environmental considerations. This proposal...