How do functional structures improve a company? Multiple Choice O It allows for quicker decision making. Marketing typically won't happen without a specific department. Finance typically won't happen without a specific department. Specialization increases efficiency and effectiveness.
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- A key advantage of a decentralized organization is _________. A. increased administrative costs B. quicker decisions and response time C. the ease of aligning segment and company goals D. duplication of effortsWhat is customer value? How is customer value related to a cost leadership strategy? To a differentiation strategy? To strategic positioning?Why do managers want a high ROI, and how would they strive to increase their ROI?
- Cost effectiveness is a factor that needs to be kept in high consideration in decision making. To achieve this, effective cost ascertaiment approaches may be necessary. keeping in mind that changes are taking place in the business environment due to globalization and technology innovation. Discuss the above statement in line with the overall cost accounting philosophy.A strategy of product leadership can also be called which of the following? O Cost leadership Lean accounting Total Quality Management DifferentiationWhen a company is decentralized, top management will have little time to focus on long-term strategy because they will be too focused on managing day to day operations. True O False Select all of the below that are advantages of decentralization. Decentralization allows companies to duplicate costs. Decentralization provides training. Decentralization improves customer and supplier relations. Decentralization improves motivation and retention.
- Please help calculate product differentiation, and cost leadership. Explain how successful has Esparza been in implementing its strategy.The purpose of internal control is to have proper control over business. Proper control means, the business will be able to _____________ Achieve maximum efficiency Produce more goods in more time Compromise on quality Compromise on quantityWhat of the following is NOT a Benefit of Activity Based Management? a.It assists in the budgeting process. b.It aids management in cost cutting and/or cost control and inferentially in product profitability. c.It causes managers to identify non-value added activities and therefore encourages thinking of means of reducing such activities. d.Is more complex than traditional accounting system because it uses multiple cost application rates, one for each activity or cost pool.
- What is Return On Investment? Analyze the use of ROI and the impact that it has within an organization. What are the pros and cons of it? Please explain.1. Explain the concept of performance evaluation and control system.2. Enumerate the advantages of performance evaluation and control system.3. Explain the rationale of transfer pricing.4. What is return on investment, and how is it calculated?5. What are the advantages and limitations of return on investment?6. What are the measurement issues to be concerned about when using return on investment?7. Define productivity.8. Why is it important for a firm that follows a strategy of being the cost leader to improve productivity?9. What is incentive compensation?10. What type of organization is best suited to incentive compensation plans?1. What is not a cloud computing benefit? a) Accessibility improvement b) Safer storge c) A and B d) Increase cost 2. Cost that cannot be conveniently and economically traced to a cost objected is a) Direct cost b) Fixed cost c) Indirect cost d) None of above 3. Price decisions and customer profitability are an example of strategic management accounting. a) True b) False 4. Information that is required across various types of a company structure is not significantly varied. a) True b) False 5. What are internal Sources of information: a) Previous Financial statements b) Internet c) Customers