ustry specialized.

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: Service- industry example

A: Service industry: A service industry is an economic sector that delivers particular intangible…

Q: Give reasons why WACC is important and examples where it is useful to a company

A: WACC is the rate of return that stakeholders expect for their investment in the firm. So, it helps…

Q: industry cost standards

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: What can be understood from “Segment Reporting"?

A: Financial reporting:   It refers to the disclosure of financial results of an organization for a…

Q: Define the term service company.

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

Q: Explain the pros and cons of business process re-engineering programmes.

A: business process re-engineering  it is the process if redesigning the way the work is done to reduce…

Q: What are the types of work performed, the overall areas of focus, and/or other relevant information…

A: Accounting is the method by which the transactions of the business can be recorded so that the…

Q: Why do technical analysis? Explain how and why technicians utilize it, and how it may assist time…

A: Technical analysis is a type of analysis that is used to predict the changes in the market.…

Q: Under what conditions must an enterprise provide information about products and services?

A: If operating segments of an enterprise have not been determined based on Differences in products and…

Q: Give an example of a common resource in an organization. List some of the opportunity costs…

A: Opportunity cost: Opportunity cost refers to the forgone revenue that could have been generated…

Q: Define the Term Skilled Producers & Sophisticated Consumers?

A: Sophisticated Customer:   A sophisticated customer refers to a customer who is aware regarding the…

Q: importance for a company whose products can be processed further

A: Further processing is a term used in association with joint products. Joint products are produced…

Q: discuss the difference 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…

Q: Explain why a manufacturer with diverse product lines may benefit from an ABC system.

A: Activity-based costing: It is a method that helps in finding the activities performed by a company…

Q: What information must an enterprise report by geographic area?

A: The information that an enterprise must report by geographic area are:  Revenues from external…

Q: According to the FASB, what is the major objective of segment reporting?

A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…

Q: A central issue in reporting on industry segments of a business enterprise is the determination of…

A: Segment Reporting Generally given as disclosure in the financial statements. Reporting in financial…

Q: What is the engineer's primary task? How is the acquisition of equipment helpful for the firm?

A: Engineer’s primary task is to design or build structures, machineries and engines. Engineers…

Q: Explain an example of business segment.

A: A business segment is a part of a company that can be identified by the products it provides or by…

Q: How do commercial businsses support the work of industrial business

A: Gaining profits is a primary motive for trading businesses mostly which can be treated as commercial…

Q: Do you think transaction processing systems differ significantly between service and manufacturing…

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Q: What is the chief difference between manufacturing and service industry firms?

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

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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: Under what conditions must an enterprise provide information about geographic areas?

A: Financial Statements:   It refers to the end reports prepared by the organization at the end of the…

Q: Define the term manufacturing company.

A: Definition: Accounting: Accounting is a system, or a process of collecting and organizing economic…

Q: Why is it important to consider workforce capability and capacity in designing and sustaining high…

A: Workforce capability refers to the ability of an organization to accomplish its goals such as…

Q: hy most specialized industries are heavily regulated?

A: Many industries in which operations take place are heavily regulated by the government because of…

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

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

Q: Give one importance of the following in strategic cost management: (i) Business environment, (ii)…

A: Cost accounting is the branch of accounting that inspects the cost structure of a business. This…

Q: Give examples of external forces that may affect human resources. Explain them briefly.

A: External forces that affect company human resources are the factors environment which are outside…

Q: Classify the following activities as per value chain analysis: 1.Communication, pricing and channel…

A: Value chain analysis are classified in two types of activities namely primary and secondary…

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 tools TQM for Mercedes company subject  technology management

A: TQM (Total Quality Management) is a management philosophy that involves all quality aspects that are…

Q: “ABC systems only apply to manufacturing companies.” Do you agree? Explain.

A: Activity Based Costing: Activity based costing is one of the methods of costing to identify the…

Q: What is Fintech? Examples of Types, Products & Regulations

A: Finance is the system that deals with financial services, investments, and instruments. It is a…

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

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Q: How can ABM be used by service companies?

A: Activity Based Management Activity-based management is refer as the one of the cost management…

Q: Can you explain the comparables method?( Must include how it works , key factors ,how we determine…

A: Comparable Method or comparable company analysis (CCA) is referred to as the procedures for…

Q: Recommend actions for a manufacturing company on how to maintain or perhaps improve more their…

A: Answer: Manufacturing company are those company which are involved in extensive operations on day to…