Reference no: EM13946131
Part A Select a firm that is publicly traded. This ensures you can access the needed data and information from published financial disclosures and articles found in various business journals such as Strategic Finance, Management Accounting Quarterly, etc.
Note: For large firms, you may want to study only a segment of the firm. If so, ensure that you break down company data for the segment chosen.
Provide the following background information on the firm you selected. (25 points) 1. Firm Name 2. Description of the Industry in Which the Firm Operates 3. Type of Business or Segment of the Firm (manufacturing, merchandising, service, or non-profit organization) 4. General Description of the Firm's Operations, Organization, Products, and Markets
Note: The rest of the report will deal with the concepts covered in this course. Following are concepts that should be discussed in your report. Although some discussion relating to each concept is expected, please feel free to place a greater emphasis on topics of special interest to you. You may also want to place an emphasis on an area of weakness that may result in corrective action by the firm.
Conversely, for your benefit, you may want to explore in depth a topic in which the firm has a real strength. Your study may find areas in which the firm needs improvement. A "no" answer for many of the questions would indicate a weakness in the firm's systems. In those instances, you should make recommendations. Provide complete details of the recommendations that you make, including why the recommendation is being made and the benefits to be gained. Each of the following components of your report requires a minimum of two (2) pages. This allows flexibility for you to emphasize your areas of specific interest.
Part B Cost Behavior and Cost-Volume-Profit (CVP) (Lesson #1): Assess your firm's use of these tools.
1. Does the firm break down their costs by behavior?
2. Do they determine their break-even point? 3. Do they use these concepts in the decision-making process? Do you have any recommendations to make?
Part C ABC, Job Order, and Process Costing and Cost Allocations (Lesson #2): Describe the cost system used by your firm.
1. If your firm is not using ABC costing, do you think that it is a good candidate to do so? Why or why not? 2. Do you have any recommendations to make?
Part D Budgeting and Variance Analysis (Lesson #4): Describe the budgeting process used by your firm.
1. Does the process follow the responsibility concept? 2. Can you ascertain how employees view the process? 3. Is a flexible budget concept used? Do you have any recommendations to make?
Part E Cost, Profit, and Investment Center (Lesson #5)
1. Is decision making centralized or decentralized? 2. How is performance evaluated? 3. Does the firm follow the decision-making and evaluation concepts covered in this course? 4. Does the firm use a balanced scorecard? 5. Do you have any recommendations to make?
Part F Decision-Making Policies (Lesson #6): You were given a number of examples showing how relevant financial information was used in decision making. Review the firm's policies regarding these decisions.
1. Does it follow the concepts covered in this course?
2. Do you have any recommendations to make?
Define the concept of swot analysis
: It's time to put together the business plan for Able Corporation for presentation to the SOS-C of Walden International. The outcome of this group project will be an individual presentation covering a detailed outline of FIVE SECTIONS of a business..
|
Evaluate the effectiveness of descriptive statistics
: Instructions You have been recently hired as an Epidemiological Research Assistant at your county's Health Department. It is only day 1 on the job and you have been asked to develop a presentation for the County Commissioners describing a health d..
|
Estimate the velocity boundary layer thickness
: Consider a 0.25-m-long vertical plate that is at 70°C. The plate is suspended in quiescent air that is at 25°C. Estimate the velocity boundary layer thickness and maximum upward velocity at the trailing edge of the plate.
|
Find the probability that returns will exceed 55%
: Estimate descriptive statistics for each investment via Excel. Compare the two investments. Be sure to comment on the central tendency, variability and shape of these two investments (Note: use the most appropriate measure when comparing the varia..
|
Articles found in various business journals
: Part A Select a firm that is publicly traded. This ensures you can access the needed data and information from published financial disclosures and articles found in various business journals such as Strategic Finance, Management Accounting Quarter..
|
Explain the principles and requirements of uk law
: In your role as information manager you are giving a one-day workshop on data protection and privacy legislation to managers. Develop a set of ten slides which explain the principles and requirements of UK law.
|
Test if the system operates in the production environment
: This section specifies the plans for producing updates to this software testing plan document itself and the methods for distribution of updates along with version control and configuration management requirements.
|
Inner surface of a circular tube
: The final step of a manufacturing process in which a protective coating is applied to the inner surface of a circular tube involves passage of dry, atmosphere air through the tube to remove a residual liquid associated with the process. Consider a..
|
Best strategy for monitoring the performance of sql server
: What can be done within the database itself to increase performance? Be sure to cite your sources.
|