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Unformatted text preview: 3. How to develop relevant costs for make-buy decisions. 4. A novel approach to change management that is facilitated by the implementation of cost management approaches in an environment where profitability and cost reduction typically have not been primary objectives. 5. As we have seen before, management accounting practices are dictated by management information needs not accounting rules. Managers are free to design systems to support their competitive strategies. This freedom carries with it the responsibility of re-designing information systems to support new strategies. Failure to maintain the alignment of management accounting systems with current strategies risks undermining the strategy through ill-informed decisions MGT 170 Managing Cost and Quality Prof. Shannon W. Anderson...
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- Spring '12