L6 Notes_Part_10 - Process Low Cost Differentiation...

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© W.R. Knechel Audit Sensitive Processes Process critical to achieving objectives. Process with extensive external interactions. Process with high business risk. Processes with material transactions Are critical to the conduct of an audit and likely to have significant impact on procedures and evidence collected.
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© W.R. Knechel Linking Strategy to Process
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Unformatted text preview: Process Low Cost Differentiation Procurement Inexpensive High quality Logistics Centralized Distributed Production Economies of scale 6-sigma quality Marketing Mass advertising Targeted advertising R&D Focus on efficiency Product innovation HR Inexpensive, flexible High skill, stable IT Focus on efficiency Focus on effectiveness...
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L6 Notes_Part_10 - Process Low Cost Differentiation...

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