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MGT502 - Organizational Behaviour Solved Past Papers

VU MGT502 - All Subjective Solved Past Papers 2023 - Organizational Behaviour

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A consistent good designed website is generated for general public that allows users to attain what they want as quickly as possible without spending much effort.

A consistent good design assists the user in recovering from errors.

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In the case of action-oriented approach, data is decomposed according to functionality requirements. That is, decomposition revolves around function. In the OO approach, decomposition of a problem revolves around data. Action-oriented paradigm focuses only on the functionality of a system and typically ignores the data until it is required. Object- oriented paradigm focuses both on the functionality and the data at the same time. The basic difference between these two is decentralized control mechanism versus centralized control mechanism respectively. Decentralization gives OO the ability to handle essential complexity better than action-oriented approach.(Page 80)

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The WACC is the minimum return that a company must earn on an existing asset base tosatisfy its creditors, owners, and other providers of capital, or they will invest elsewhereBroadly speaking, a company's assets are financed by either debt or equity. WACC is theaverage of the costs of these sources of financing, each of which is weighted by itsrespective use in the given situation. By taking a weighted average, we can see how muchinterest the company has to pay for every dollar it finances.

A firm's WACC is the overall required return on the firm as a whole and, as such, it isoften used internally by company directors to determine the economic feasibility of aproject . It is the appropriate discount rate to use for cash flows with risk that is similar tothat of the overall firm.

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