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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1433 |
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For example, weekly production schedules will have been set in the past, and the ones in the present are likely to be very similar to those, so no information is needed for this decision.
A reasonable amount of information should be gathered to help achieve the tactical decision of creating a budget to which funds on development of the two new cars should be spent on...
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It would be advisable to benchmark against competitors' budgets, as well as looking at previous budgets that have been successful when similar projects have been carried out in the past.
For the strategic decision, it is essential that the information is of the highest possible quality. There are a number of business areas that need to be researched, such as the competition and if they are located close to where BMW will be producing, the exchange and interest rates within the country they will be operating in, taxation rates and legislation...
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