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How to judge manangers

Which s a better criterion for judging managers, budgeted performance or past performance? Why?

Production managers and marketing managers historically mix like oil and water. Discuss how a budget can assist in reducing battles between these two areas (production and marketing).

What specific considerations arise when budgeting in multinational companies? What are the best ways to address these considerations?

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Which is a better criterion for judging managers, budgeted performance or past performance? Why?

Managers must be judged based on past performance. Past performance would reflect the manager's contribution to the company as a whole. What is most important is to look at the area that the manager manages and assess if they met their target under his/her leadership. In addition, it is imperative to look at the decisions that the manager in question had made in the past that may have positively or negatively impacted productivity. If the positives outweigh negatives, that is the testimony that the manager is good at his/ or job.

Production managers and marketing managers historically mix like oil and water. Discuss how a budget can assist in reducing battles between these two areas (production ...

Solution Summary

This solution presents ideas on how to judge managers. It answers the question: Should managers be judged based on budgeted performance or past performance?

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