Business Environment Organisational Responses Management Accounting Responses Essay

Telephone – A telephone maintains a few different features rather than just receiving and making calls. At work the phones that we use are often different to

The three scenarios illustrated above clearly shows that the investment in the new machine creates greater value to the company, unless there should be some unexpected turnout in sales. By acquiring the Vulcan Mold-Maker machine Fonderia di Torino S.p.A will be able to replace labor intensive required semi-automated machines with automated machines, thus reducing medical claims. The company will also benefit from higher levels of product quality and lower scrap rates. Labor costs will be reduced by almost 298,334.4

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Judgement and Decision Making is the ability to access the situation and evaluate possible outcomes, and make an appropriate choice.

employees to keep up with the sales leading to job opportunities or else that company will lose its customers.

Industries will look different with all of these forces. The strategy will change based on how these forces look for the organization and industry. These concepts can be applied across the board, and they help organizations from getting trapped into the latest trends and technology out there selling solutions. This matrix really helps to

The firm is not able to realize economies since they are not able to produce larger orders as easy. They are not able to meet capacity utilization within the plant due to operational inefficiencies.

This tends to be a careful balance of managing risk while trying to maximize the working capital that is available for immediate use. The following table illustrates the projected calculations should Scott Equipment should go this route.

The convenience that this division offer customers should give the organization a profitable and popularity boost, allow them to expand globally, and make the company a leader in innovation in its industry.

These new and growing markets are now open for different equipment manufactures to build their presence.

company is considering a capital investment in a new machine and you are in charge of making a

Investment on manufacturing capabilities: GBL has been able to invest in new technology such as seasonal product lines

take in a given situation and make a decision. It is also known as the

The plant manager should take into account as relevant the cost of the new equipment for the next two years, the disposal price of the old machines and the cash operating

My dad has a textile business, involved in embroidery and painting of the fabric. I have been visiting my dad’s office complex and observing the whole process of clothes manufacture. The most important asset for the business is a large machine required for whole painting process. The existing machine with the business is in use from past 4 years and has to be discarded due to some operational issues. As a student of finance, I will analyze the option of replacing this machine with a new one. In analyzing various options from where to purchase the machine, I searched for various dealers, and compared the products with the prices they offered. I narrowed down the choice to one machine provided by Stihl Machinery Co., Ltd. But then dad’s financial manager, Mr. David Jones, asked me to reconsider the option. He suggested that the existing machine can still run for another 5 years and the new machine is also expected to work for just five years. Also, the price of the new machine is quite high so it is better to continue using the same old machine. On this argument, I decided to do a detailed analysis of the option to replace the old machine. Only after the financial analysis, I will decide and suggest whether to buy the new machine or not.