What is an industrial value chain? Explain why a firm’s strategies are tied to what happens

Q: The cost of quality are costs incurred to prevent, or costs arising as a result of, the production…

A: The cost of quality are costs incurred to prevent, or costs arising as a result of, the production…

Q: Discuss how the strategic management accounting technique target costing could offer Green…

A: Target costing is a strategic cost management technique, it helps in cost reduction of the entity…

Q: In the field of cost accounting, one of the most critical decisions made by a manager is the type of…

A: Choosing the type of technology that the organisation will use to produce its products or deliver…

Q: Why there is an unmistakable trend in manufacturing to improve quality?

A:

Q: Which of the following is NOT a principle of lean manufacturing? a. Products are pushed from the…

A: Lean manufacturing: It is method that is used with focus of minimizing the waste that are within a…

Q: How can management accountants help improve quality and achieve timely product deliveries?

A: Management accountant perform various functions like analysis cost, business processes to identify…

Q: The management approach requires a firm to define segments on the basis of its internal…

A: Diversified Companies:   The companies which are engaged in multiple businesses, provides a large…

Q: Which of the following factors given below affect the goodwill of a firm, if it enjoys good…

A: The correct option is (C.) All options are correct

Q: (1) Why are leverage points in a system so critical tounderstand? (2) Why should a manager in…

A: Disclaimer: “Since you have asked multiple question, we will solve the first question for you. If…

Q: What questions should managers answer when considering outsourcing?

A:

Q: Explain why it is important in performance evaluation to distinguish between investment centers and…

A: Return on investment (ROI): Return on investment evaluates how efficiently the assets are used in…

Q: A manufacturing company has been working with one of its primary suppliers to improve the quality of…

A: Cost of Quality refers to costs incurred with respect to a product to assure its quality such as…

Q: What is sensitivity analysis? Why is it important for managers?

A: Sensitivity analysis:  This is a technique that is used for measuring and examining the reason used…

Q: The measurement, % of market share, would most likely be placed in which perspective of Balanced…

A: Since you have asked multiple questions, we will solve the first question for you . If you want any…

Q: Which of the following is not a characteristic of a lean accounting system? Multiple Cholce Costs in…

A: lean accounting is the collection of principal and the process that provides the numerical feedback…

Q: Which of the following statements best describes a profit center?a. The responsibility for combining…

A: The profit center affects the major profit decisions of the authority that includes the choosing…

Q: The design and use of strategic cost management systems are oriented around the application of three…

A: Strategic cost management is defined as the cost management which is a procedure for decreasing the…

Q: How can management accountant help improve quality and achieve timely product deliveries?

A: Management accountant perform various functions like analysis cost, business processes to identify…

Q: How is the use of a balanced scorecard as a performance evaluation system helpful to companies?

A: A balanced scorecard is a performance metric used to identify, improve, and control a business's…

Q: In your opinion, where should companies spend most of their quality funds: on prevention,…

A: Firstly we need to understand following Costs: Prevention costs: These are incurred in preventing…

Q: he costs referred to as “controllable costs” are       a. Costs which management decides to incur in…

A: Solution: The costs referred to as “controllable costs” are "Costs which are likely to respond to…

Q: What factors affecting ROI does the DuPont method of protability analysis highlight?

A: Return on Investment (ROI): It is an accounting measure of income divided by an accounting measure…

Q: How are passion, consciousness, and product quality part of the product management process at…

A:

Q: Image attached below. Questions 1. Explain how the manager if each division will react to the…

A: Since you have posted under single multiple sub-parts, we solved your first 3 parts, for rest…

Q: Which one of the following is NOT a budgetary benefit? It establishes the organization's goal. It…

A: Budgeting is a written plan covering projected activities of a firm for a defined period of time…

Q: Total Quality Management (TQM) is founded on the premise that an organisation must continuously…

A: Prevention costs are the costs incurred as a result of working to reduce poor quality. Examples…

Q: Which of the following is not among the main uses of Activity-Based-Management ABM Select one: O a.…

A: Activity Based Management is a method or procedure of analysing profitability of the company by…

Q: Explaining why companies use performance evaluation systems Well-designed performance evaluation…

A: Performance Evaluation:   Performance evaluation system in an organisation provides a guide to the…

Q: Define productivity.

A: We shall answer the first question since the exact question wasn't specified. Please resubmit a new…

Q: What is sensitivity analysis? How do managers use this tool?

A: Sensitivity Analysis: Sensitivity analysis, also referred as what-if analysis, is a method to…

Q: Management Accounting and Services: Quantitative Techniques Network Models 36. PERT and the critical…

A: Hi student Since the question area has multiple questions, so we are answering only first four…

Q: How can poor quality be expensive to the firm, especially if low-cost raw materials are used to…

A: The final objective of Cost Accounting is to reduce cost. Every firm wants to reduce cost thereby…

Q: Discuss how using the rate of return on investment (ROI), as an evaluation tool, helps facilitate…

A: Lets first understand the meaning of rate of return on investment. Rate of return on investment is a…

Q: Which of the following create value in an industry? (Select all that apply.) When value capture…

A: Value capture is the procedure for retaining some percentage of value provided through every…

Q: The purpose of internal control is to have proper control over business. Proper control means, the…

A: The purpose of internal control is to have proper control over business. Proper control means, the…

Q: Explain the idea of design based incrementalism and the pros and cons of this idea in operations…

A: Incrementalism is referred to the technique or method, which works through adding to the project…

Q: Can you think of any company that used innovation as a competitive strategy

A: An innovation strategy is an arrangement to develop piece of the pie or benefits through item and…

Q: What is likely the most effective way to reduce a company’s total quality costs?

A:

Q: The manager of the manufacturing unit of a company is responsible for the costs of the manufacturing…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: performance evaluation

A: Performance evaluation means many things to many people. It is a measurement process; it is an…

Q: The management approach requires a firm to define segments on the basis of its internal…

A: Diversified Companies: The companies which are engaged in multiple businesses, provides a large…

Q: Identify the following as applying more to lean (L) or to traditional (T) businesses. Quality…

A: Lean business model: This model is used by business with lower cost and high quality grows rapidly.

Q: The following describes the benefits of having a sound enterprise- wide Risk Management System…

A: Enterprise wide risk management have benefits of Manage performance variability Enhancing business…