Question Details

(Solution) - Drake Inc is a multiproduct firm with several manufacturing plants

Brief item decscription

Solution download

Item details:

Drake Inc. is a multiproduct firm with several manufacturing plants. Management generally has been pleased with the operation of all but the Swan Plant. Its poor operating performance has been traced to poor control over plant costs. Four plant managers have resigned or been terminated during the last 3 years.
David Green was appointed the new manager of the Swan Plant on February 1, 20B. Green is a young and aggressive individual who had progressed rapidly in Drake's management development program and had performed well in lower-level management positions.
Green had been recommended for the position by Susan Bradley, Green's immediate supervisor. Bradley was impressed by Green's technical ability and enthusiasm. Bradley explained to Green that the assignment as Swan Plant manager was approved despite the objections of some of the other members of the executive management team. Bradley told Green that she had complete confidence in him and his ability and was sure that Green wanted to prove that she had made a good decision. Therefore, Bradley expected Green to have the Swan Plant on budget by June 30.
(1) Critically evaluate the budget practices described in the case.
(2) What are the likely immediate and long-term effects on David Green and Drake Inc. if the present method of budget administration is continued?


About this question:

This question was answered on: Jul 11, 2017

PRICE: $15 (18.37 KB)

Buy this answer for only: $15

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by PayPal.

Need a similar solution fast, written anew from scratch? Place your own custom order

We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

Order Now