Chapter 15, Problem 3BIC

Requirement 2. For each​ decision, select what information the management accountant can provide about the source of competitive advantage for these firms.   a. For a running shoe​ manufacturer's decision of whether to purchase leather from a cheaper​ supplier, management accountants can provide the following​ information: ​(Complete all input​ fields.)         b. For an office supply​ store's decision of whether to a delivery service that its competitors do not​ have, management accountants can provide the following​ information: ​(Complete all input​ fields.)         c. For a regional​ retailer's decision of whether to install​ self-check-out counters, management accountants can provide the following​ information: ​(Complete all input​ fields.)         d. For a local​ florist's decision of whether to hire a horticulture specialist to help customers with gardening​ questions, management accountants can…

#15 Carni’s boss stated that after reviewing first quarter earnings, the company decided to invest in only one store in the city.  After evaluating the performance of the store, the company will determine if it wants to increase its presence in the area. a) If you were Carni, what method of evaluation would you use to recommend a site for a new video store? b) Explain how you would determine which site to invest in.

"Advise the Pricing practices or policies to be adapted for each of the items discussed below with proper reasons" A.New product launch with massive production B.New model small car for the market C.New launch of a product, but not for the market

Internal production supervisors of a company’s product line would be MOST likely to ask which of the following questions? Select answer from the options below 1.How much profit can the company expect to earn this year? 2.What can the company afford to pay its employees this year? 3.Which product line is the least profitable and should be eliminated? 4.How much should the company charge for its products to maximize its profit?

Strategic decisions and management accounting. Consider the following series of independent situations in which a firm is about to make a strategic decision. Decisions A running shoe manufacturer is weighing whether to purchase leather from a cheaper supplier in order to compete with lower priced competitors. An office supply store is considering adding a delivery service that its competitors do not have. A regional retailer is deciding whether to install self-check-out counters. This technology will reduce the number of check-out clerks required in the store. A local florist is considering hiring a horticulture specialist to help customers with gardening questions. For each decision, state whether the company is following a cost leadership or a product differentiation strategy. 2.  For each decision, discuss what information the managerial accountant can provide about the source of competitive advantage for these firms.

"Advise the Pricing practices or policies to be adapted for each of the items discussed below with proper reasons" A.Car rentals, Telecommunications B.Airline ticket prices for Business & normal customers C.New product launch with massive production.

Consider the following series of independentsituations in which a firm is about to make a strategic decision.Decisionsa. Julian Phones is about to decide whether to launch production and sale of a cell phone with standardfeatures.b. Flint Computers is trying to decide whether to produce and sell a new home computer softwarepackage that includes the ability to interface with a thermostat and a refrigerator. There is no suchsoftware currently on the market.c. Maria Cosmetics has been asked to provide a “store brand” facial cream that will be sold at discountretail stores.d. Jansen Computers is considering developing a special line of computers that can be both a tablet anda computer.1. For each decision, state whether the company is following a cost leadership or a product differentiationstrategy.2. For each decision, discuss what information the management accountant can provide about the sourceof competitive advantage for these firms.

Consider you are Marketing Manager in a Toyota Indus Motors, which is the leading automobile manufacturer in Pakistan. As you know that lot of new players are coming in Pakistan recently and more are expected to come in result of lucrative government policies. Considering the current growing automobile market in Pakistan suggest best defensive and offensive strategies for Toyota to help them stay number one.                 Requirements: Before answering this question, you must do some market research about competitors and consumers to understand the current market situation. You will easily find lot of relevant data on internet. Relate your suggested strategies with current market dynamics. Provide proper references. Use bullets, tables, graphs etc to support your arguments.

Lizzy's is a retail clothing store, specializing in formal wear for weddings. They purchase their clothing for resale from specialty distributors and manufacturers. Recently the owners of Lizzy have noticed an increased interest in costume jewelry and fashion accessories among their clientele. If the owners decide to expand their business to include these products, what cost data would they need to collect and analyze prior to expanding their business?