Fall 2011 HW1

Fall 2011 HW1 - 11 Give four examples of firms you believe...

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1–1 Give four examples of firms you believe would be significant users of cost management information and explain why. 1-1 Firms Using Cost Management. Here are some examples; there are many possible answers. 1. Wal-Mart: to keep costs low by streamlining restocking and sales 2. COMPAQ: to keep costs low by improving manufacturing performance and by using target costing and other managemen techniques 3. Citicorp: to keep costs low by using activity analysis (see problem 1-23) to identify key operations and to find those that add little or no value 4. A local school district or public agency: to keep costs low in order to provide the best possible service given available funds which needs to be able to analyze the relative profitability of its dif erent products, using cost management 7. A smal machine shop: which needs cost management to determine whether it should repair or replace a machine 8. A dance studio: to analyze and choose between dif eren compensation plans for its teachers; and to determine whether i should open a new studio 1–2 Give three examples of firms you believe would not be significant users of cost management information and explain why. 1-2
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This note was uploaded on 10/16/2011 for the course MGT 134 taught by Professor Housekeeper during the Fall '11 term at UCSD.

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Fall 2011 HW1 - 11 Give four examples of firms you believe...

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