Discussion Questions -Week3

I. To prepare for this Discussion question; review the evaluation methods utilized by organizations for decision making. Consider your professional experience, knowledge gained from the resources, and/or additional research.

Prepare the following:

• Evaluate the advantages and disadvantages of alternatives to discounted cash flows.
• Describe a scenario in which you would recommend one method as being more effective than others. Draw from your professional experience and/or additional research and provide a rationale for your recommendation.

II. To Prepare for this Discussion question; take a moment to review the articles “The Five Traps of Performance Measurement” (Likierman, 2009), and “Three Rules for Making a Company Truly Great” (Raynor & Ahmed, 2013).

Prepare the following:

• Describe how 2–3 of the specific methods discussed in the articles have been, or could be, used to improve performance in your organization or one with which you are familiar.

References:

Zimmerman, J. L. (2017). Accounting for decision making and control (9th ed.). New York, NY: McGraw-Hill.

• Chapter 3, “Opportunity Cost of Capital and Capital Budgeting” (pp. 85-114)

Likierman, A. (2009, October). The five traps of performance measurement. Harvard Business Review, 87(10), 96–101.

Raynor, M. E., & Ahmed, M. (2013, April). Three rules for making a company truly great: A quest for reliable data on organizational excellence yields surprisingly simple guidelines. Harvard Business Review, 91(4), 108–117.