Define customer response time.

Q: Explain how the firm repair service effort impact customer satisfaction.

A: A measurement which indicates the level at which customer receives highest utility with the product…

Q: Distinguish between continuous, batch, and made-to-order processing.

A: In a batch processing, a sequence of steps are followed in a defined order. Continuous processing…

Q: Discuss how the elements of efficiency, effectiveness, and flexibility are crucial to the design of…

A: Information system is a system which consists of some interrelated components which stores, edits…

Q: What are unit-level, batch-level, product-level, customer-level, and organization-sustaining…

A: ABC method: ABC method is activity based cost accounting. It's the new method of accounting where…

Q: Identify the following users as either external users (E) or internal users (I). Managers

A: Definition: Users of information: Users of information can be classified as internal and external…

Q: Define suppliers.

A: Merchandising businesses: Merchandising companies which buy goods from suppliers, or manufacturers,…

Q: How should managers estimate and interpretcost information?

A: Cost: It refers to the economic value incurred by a company to produce a product or deliver a…

Q: What are the goals of a performance evaluation system?

A: Performance Evaluation System: Performance evaluation system is a system used to examine…

Q: Define software development costs.

A:

Q: Function of human resources management

A: Solution- Human resource management (HRM) is nothing but managing human resources. it's the policies…

Q: Define the term service company.

A: A service company is a business that generates income by providing services instead of selling…

Q: What is activity based management? Why is it important? taking example

A: Activity based management:Activity based management is the process of applying activity-based costs…

Q: What is the value of customer relations and customer service?

A: Customer relations is the relationship with customer and the focus of which is to build customer…

Q: Define supply chain

A: Answer: Supply chain is a comprehensive mechanism for the production and distribution of a product…

Q: Describe management's discussion and analysis.

A: Management's discussion and analysis: Management discussion and analysis is the portion of company…

Q: Briefly differentiate between activity-based and time-based allocation methods.

A: Allocation method:The allocation method is referred to as the method in which the allocation base is…

Q: Define customers

A: Inventory: It can be defined as all the goods, items, materials, and merchandise that are held by a…

Q: In value chain analysis, what is the activity of arranging the delivery of products to customers…

A: Value chain analysis is an analysis that is done in business in order to evaluate value added…

Q: what information do you need to capture from a customer in order to accurately and completely fill…

A: Information captured from a customer to complete an order the accurate and complete filled order…

Q: Employee time is a resource that is always used but is not always modeled in an REA diagram. Explain…

A: REA Model: REA model is a graphical representation which shows the reengineered accounting system…

Q: How may batch processing be used to improve operational efficiency?

A: Batch Processing: Batch processing refers to as a process involving multiple transactions which are…

Q: PARE Company

A: In this question there are multiple question, we solved only 1 parts as per guidelines,for further…

Q: Define technical analysts

A: Technical analysis refers to analysis that is conducted for analyzing the various types of…

Q: Discuss the Supplier Integration and Relationship Management

A: Supplier is the person from which a firm procures its inventory and raw-material. A manufacturing…

Q: When ,___________________________ managers mobilize people to carry out plans and run…

A: Managerial Accounting:  Managerial accounting refers to the internal accounting system that gives…

Q: Describe the connection between planning feedback, and controlling.

A: The management of the company is the main responsible for preparing the financial statements which…

Q: Define value-based management

A: SOLUTION:- VBM is a concept whih refers that management should firstly consider the interest…

Q: What role does the general ledger department play in the conversion cycle?

A: Conversion Cycle: A set of all processes that are used to collect inputs and convert them into final…

Q: Explain the concept of active management.

A: Explain the concept of active management.  There are two type of management for stock management One…

Q: What are the levels of operations performance?

A: There are three levels of operations performance is as follows: Societal level: Social activity is…

Q: Describe a service company, and give an example.

A: Business organization: Business organization refers to the structure of business that the structure…

Q: What is feedback and how is it useful in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process the…

Q: Can services be delivered by means of process operations? Support your answer with an example.

A: Process Costing: Process costing is a method of cost accounting in which all the costs that are…

Q: Keeping in mind the management Accounting control system (MACS) can you relate the customer demand…

A: Management Accounting Control System (MACS) :        It is a control system used by the organization…

Q: What is a customer preference map, and why is it useful?

A: Customer value: Customer value is simply what value a customer gets. By formula, it’s the difference…

Q: What is a just-in-time management system?

A: Cost management system:   The system or unit of the entity which is responsible for management of…

Q: is the delivery of products or services to customers. O a. Distribution O b. Customer service O c.…

A: Lets understand all the terms mention in the question to determine right answer. There are various…

Q: What is the purpose of quality management systems?

A: Quality management system is a process that a business should adopt to manage information. This is a…

Q: "Quality Assurance?" in the Procurement of Items and services Write a short report on

A: Quality assurance is described as a "component of quality control focusing on providing certainty…

Q: Please answer performance measurements allocation

A: Activity based costing system: It is precise method of allocation of overhead to the products. Under…

Q: Give two examples of nonfinancial measures of customer satisfaction relating to quality

A: Non Financial measures are the quantitative numbers on which you cant assign any monetary value but…

Q: Discuss the differences between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…