Assignment: Using Performance Reports to Inform Organizational Decisions<\/b><\/p>\n
Very often, managers are called upon to make decisions \u201cby the numbers.\u201d In this Assignment, you will sort through a budget report from the fictitious Honey Bear Confections (HBC) organization in order to make decisions about productivity levels.<\/p>\n
HBC is a small organization dedicated to making bear-shaped sweets with honey as a sugar substitute. You have just been promoted to a position as manager of the production department at HBC when your supervisor shows you the following report. She tells you to \u201cget it fixed.\u201d You suspect she is alluding to a problem with productivity and efficiency.<\/p>\n
For this Assignment, review the Static Budget Report provided. Additionally, you may find valuable information in your course text, especially Exercise 6-3.<\/p>\n
HINT:<\/b> for more information about this, see the Weekly Briefing and the Performance Report video.<\/p>\n
Honey Bear Confections (HBC) Manufacturing Overhead Static Budget Report For the Month Ended June 20XX<\/p>\n
The Assignment:<\/b><\/p>\n
Part 1:<\/b> Prepare a performance report using spreadsheet software, such as Excel. Hint:<\/b> Read the Weekly Briefing and watch the Performance Report video on this topic.<\/p>\n
Part 2:<\/b> For the next section of this Assignment, please utilize a word processing software (such as Word) to complete the following:<\/p>\n
Write a short memo to your supervisor explaining your findings and your recommendations.<\/p>\n
In your memo, as part of your recommendations, take a position on the following: Do all the variance in this example need to be examined? Why or why not?<\/p>\n
By Day 7<\/b><\/p>\n
Submit<\/b> your Assignment (both your Excel and Word files).<\/p>\n
General Guidance on Assignment Length:<\/b><\/p>\n
The memo portion of this Assignment will typically be 2\u20133 paragraphs in length as a general expectation\/estimate for each bullet point. Refer to the rubric for the Week 2 Assignment for grading elements and criteria for the performance report and the memo. Your Instructor will use the rubric to assess your work.<\/p>\n","protected":false},"excerpt":{"rendered":"
Assignment: Using Performance Reports to Inform Organizational Decisions Very often, managers are called upon to make decisions \u201cby the numbers.\u201d In this Assignment, you will sort through a budget report from the fictitious Honey Bear Confections (HBC) organization in order Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-70565","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/70565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=70565"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/70565\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=70565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=70565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=70565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}