Managers are responsible for numerous activities includingplanning, operating, and controlling.

Define these three types of activities and provide at least oneexample of each.

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2.

Grant Enterprises is considering the introduction of a newproduct. The marketing and production departments have beguninformal discussions about its design, production, and sales. Listthree examples of accounting information that the marketing andproduction managers would find useful in their meeting.

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A friend has informed you of a part-time job for which you arewell-qualified. It would begin next semester and require working 20hours a week at a rate of $35 per hour. You would have to commute 2hours round trip four days a week to work. You have alreadyregistered for 18 credit hours (6 classes) next semester, and youhave been told that each of the classes is very demanding,requiring projects and extensive study time. If you complete these18 hours, you will graduate. You are only taking 12 credit hoursthis semester. You have enough money for tuition ($100 per credithour) and room and board but would love some extra spendingmoney.

3.

a. Define your problem related to the information above.

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4.

b. What information above would you consider relevant to thedecision? Why?

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5.

c. What information above would you consider not relevant to thedecision? Why?

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6.

d. What other factors not provided above might be relevant tothe decision?

7.

e. What are some possible alternatives?

8.

f. Which alternative would you choose? Why?