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"As global competition increases, businesses are being pressured to reach higher levels of productivity to price their products and services competitively." Explain how management accountants can play a role in helping management meet these challenges.
1 Highlight challenges that companies are facing (Product Diversity, Quality services, etc..) Discuss some of the areas in economic sense that companies have to deal with Customer Sovereignty - The needs and wants of customers Privatisation giving rise to more competition Government intervene on areas of regulations that pose a problems to companies Tight control of labour - making labour costly and the impact on industries which are labour intensive 2 Discuss the increasing global competition Give realistic figures like GDP growth in Singapore context Reason for such increase in global competition Impact on local companies Increasing the market share; having a greater market share 3a How to attain higher levels of productivity Through the use of contemporary management tool and accounting Such as ABC, TQM & Evaluating environmental costs Cross subsidisation Through what means? Discuss about technology, training, education, people & efficiency Product being produced at lower cost makes it more price competitive3b Discuss & give real life examples on the service & product line How does increase in level of productivity value-add to pricing in the two different industries 5 Challenges that accountants are facing and affecting their contribution to the company Discuss about their roles in helping to overcome these adversities
Calculate a) net book value of the equipment at the end of the third year using the straight-line method of depreciation; and b) depreciation expense for the second year using the double-declining balance method of depreciation.
Koto Corporation began the month of June with $ 300,000 of current assets, a current ratio of 2.5:1, and an acid test ratio of 1.4:1.
rytaka rotyourteeth candy company sells lollipops.last year the company sold 10000000 lollipops for 1000000.the
please see attached project
How many total haircuts must his barbers give in 2013 in order for Andre to be indifferent between the 2012 and 2013 payment plans?
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How would the information a management accountant would use to determine company costs change depending on type of production?
A firm has annual operating outlays of $1,800,000 and a cash conversion cycle of 60 days. If the firm currently pays 12 percent for negotiated financing and reduces its cash conversion cycle to 50 days, what is the annual savings?
Compute the before-tax NPV of the new lift and advise the managers of Deer Valley about whether adding the lift will be a profitable investment. Show calculations to support your answer.
Who are the stakeholders in this situation and what are the potential ethical issues and concerns - what suggestions can you make to reduce these concerns?
Should Mahulena repeat the coloring process or sell the carpet to Practical Home Solutions?
stan sewell paid 50000 for a franchise that entitled him to market software programs in the countries of the european
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