Negotiating Decisions and Investments

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Questions and Answers

What are the primary Key Performance Indicators (KPIs) that a General Manager should focus on?

  • Customer satisfaction, market share, and revenue growth
  • Energy efficiency, environmental impact, and community engagement
  • Asset value, loan utilization, and cost recovery ratio (correct)
  • Staff turnover, office development, and investment returns

How often should a General Manager review the Key Performance Indicators (KPIs)?

  • Monthly
  • Annually (correct)
  • Quarterly
  • Bi-annually

What is the primary role of the General Manager in the 'Preliminary decisions' process?

  • To set budget allocations for each department
  • To negotiate with departmental managers on budget allocations
  • To monitor departmental performance and provide feedback
  • To analyze and approve departmental budget requests (correct)

What is the consequence of a utility going bankrupt in the UMSG scenario?

<p>The UMSG finishes (D)</p> Signup and view all the answers

What is the budget allocated for the 10-year period?

<p>US$ 15 million (C)</p> Signup and view all the answers

Why is it essential to consult and negotiate with departmental managers?

<p>To ensure that departmental budgets are aligned with company goals (A)</p> Signup and view all the answers

What is the primary challenge in allocating the budget to each department?

<p>Managing the budget constraints to achieve company goals (A)</p> Signup and view all the answers

What is the impact of implementing all decisions to the maximum amount?

<p>The budget would be spent in one year (B)</p> Signup and view all the answers

What is the responsibility of the General Manager in terms of staff and office development?

<p>To ensure the overall functioning of the utility, including staff and office development (C)</p> Signup and view all the answers

What is the primary goal of the General Manager in allocating the budget?

<p>To achieve the company's goals and objectives (A)</p> Signup and view all the answers

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