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CHAPTER 2 MANAGEMENT ACCOUNTING AND ‘THE BUSINESS ENVIRONMENT _Espaning Role of Management Accounting nie ene Hn bm sat: aa itr cae fr csi improve Ther peat Sa rece a ga eres pees bo moe Se nten Tage ee nde Cora xs a nafs Scpee Agi, mame eee u's eas rift eri sa anton s san Seysas womens rd ae tegen cpr at sr ageeceeta apt ‘pete cnn St ae tr pict eet comer tate sn sats fctony tums to shareholders. ete cea, cxinome cman wns t,t ‘c Tere amici do Seer stteats ih tt koa lets Ste san is ae of ang ar as ft et ie pee ra loa i i he pt of mater mcg OF eo te changin bins, epecaly the tree tl sebectsn antec aa, {lay scan oo (ee ct defy, in Inova) ad (4) continous ingrovennt at benchaking, fine nC south ere ia tisen omen eS asox eC Foctsow feos tha businesses of Along, sic em Td ach nee capt fey wer eine, cago? se al on aly a emp ag a ee om ‘ms Ses se te ae Se oe oe re SS Krerec e aprat pt the proc ea wg Pr are sme Seen gael me (clan (hee tu tei Asean sens it fe mangement aeointng sem sd Ate ceo aon ciice, The 59m shoe ‘nore ror abet ester alo. Sac pio kaerp me diftcetinion strategies equ “nln oe fl ec ea and sappy chan extema. Yauee Cuivaso str. CH ANALYSIS otc enw eq of snes fio in which wei ths ote pds ree o 3cpay. The term value Fetes 0 nmin cept rca as esa its vl 6! Ir ae hi SEATS Attain dev et nih eats eanen,f esomer ae HES rote wc aves inthe vale ness Function Makieg Up the Value Chis Totes [ans | OREN | Ea ‘The ous asgned 10 a segment soa or fennel report erst, howe Fee ty, when tying to deine okt peti” fr ier cenreeening pupa sine companies deduct oly manic cast SSctrogce evens Aza el such conanis ont fom thi posit ie pall he psec cons the nae chan wc consist Of sia Pad develops dnd pode cesigh ad te "masa con, ce mui of raven, deibaion, an csomer serve, Yet these mr Shetrng costs eat ar eel deeming proses ofa reac rmanuftring core Ths upstream and dower on, wich Sy ied Selig. Coral ond Adnmsrave OG & A) onthe eeore caret epee flor mae of he tal cots of oriatin, “ZRSPe pc of dower crr aod in profitably arly eee y unteconed anf managaest ay writing’ develop 28 iin pods hat ne ee an can. Indo ale cain i he neds of valeting actives fom ase ‘Shar othe Spel he ou! produc ends cates igure 22 tastes posible vl chin forte mango intasty. may not —and ly wil nt ~ span at erent is partite eral yale cain ‘A. given fi cpeaing win he inst ‘sere sae can The igre ats Cfnseat segments of the cha. Uniestnding eet segmen hing fens wenegialy important ais Baking Fr cin nt sets fmpoat cies is Basi 10 i a edeehip and ifeentton states. value chain) ‘ omen a ond aca ic a once es. Ug aa Ls st management The bees 4 an competiers, thus crest ‘has nec h Seve thee eee oe readme rca: og 67 ' i | Merson Acrtng end ie ass Evoment 73 Key SUCCESS Factors ‘Cross Fonctional Teams tase ae del hi on et, pg {Rote on how best to mace rode cepoee sen. Maree =r ‘rn nig pee si Del eee oct ning leper: than” dsigng” sped. ft ‘Manager scouring provided inomaton for dso nto td peroman esa. Coste smnfctab ‘making, pln, “Today & crossfuninal aproteh Nas reac this mao anager Fee aise A cos funcional aprosc o management rial i nan [Binet marke. Cros fnctonl manual teams rng tee rofucion ee Spetons menage, marketing mergers purchasing sd materi tuning Soi design engeur,quly maragonet pronel and engi ‘recast foc tee vad expertise and expetence ov vel all cree ute I pace ote Songned ed natured withthe eatery needs in min, store onion approach scr. Miking rare have the best el er comer ees a rotation mange FU acy manufac cnclogy Desig engiesrs kro ow tbl BE aconaliy nto prot that costes demand purchasing manages ogee imatrl pa, and sevies nec) es he jb doe. SESE sSoumng informatie soc tat holds the crn factions Mansa serie marae count dries on infrion 2m and roe a apes othe rpnzatn’s eral pean, «Ten the manager eenisn werk anc Tnerpcinginfraton and anayang he topibe. the coe factor) Thee’ weds in he ember ofthe rose frtional te, Fmplcatons of dehon aeratines Working (elm crete vale fer he erin by esis, Inet fective manne posse ans at momgenent ecuran mst wnderstand Troma 10 mareing co dition a te ar Tha nck i maid whe he company i valve 1 cata es We sve th, fr example, in the varying defo of aaa aiviy-bsed management couing as move eons fat aon of pric cx «mae alee tut eosing ray neue fesdtona ma ous Gefnion. "These conemporny oF a oe cos ‘choad in he Yas ‘Selden and enpieringcont wal are ren tnd sete An si wl Managing the vai cain mary fonctions of the busines, 0 2 Hoop — te sting detains of cong, wien dering Wh inne wine ienaa nr See ta Sime ai ACHONS ray rea tale, teal yatsion icy ne fewest wea kai ctean wea ov or | se noma Ns Se ting See oe vg at oo soy hed fm sean ea a var Sete tlie pre arene cence ape gastos nee common. A CIM proce fil Sera pee a errr cette re dente Ena caer oe tiger oe Speers Ca wh a wt Tee saerans eee Seer is mci ac caeh ae SERS tas ep crae compet Ieper mma, yi SEIS em nat Sy an pret ‘ete Saiyan vee report a et abe eam rtouin nay creas of val production costs, Decreasing liber Stet cso oe aon ba SSE foe ie tang eho seen Hen pnb eed Product Lite Cycles and Diversity One inpac 7 settee ystems hs tn oie er icg yg te ran. Nee, Tovey beeen een or mon mi Sesame he

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