Provide an analysis of these other uses. The intensification of competition has resulted in more firms using benchmarking. Divisionalisation allows divisional managers to operate with a large amount of independence. The different performance measures that you might consider using to evaluate divisional performance. The alternative asset valuation methods to be used in the investment base.
Variance analysis is a means of assessing performance which identifies areas for investigation.
Describe variance analysis outlining variances, the reasons for them, the uses made of them and when they should be investigated.