Proper mix of products-discontinue segment of operations

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it is time to get creative. This chapter focused on decision making - make or buy, proper mix of products, discontinue a segment of operations. Innovations by companies have made so many amazing products available to the consumer. It wasn't that long ago that a phone was just a phone - it made calls to friends and family and was used to do business. That's it! Now phones have replaced our cameras, planners, and televisions.

As a fun way to end your time in Principles of Accounting we would like you to think about a product you use every day. What might be the next evolution in the product (what would you love for it to do)? Or what complimentary item could the company that sells the product add to their product line to increase revenues? What factors would the manufacturer consider in deciding whether or not to add that feature or product line?

Reference no: EM133209503

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Proper mix of products-discontinue segment of operations : This chapter focused on decision making - make or buy, proper mix of products, discontinue a segment of operations.

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