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Problem 1: You were successful in securing executive funding approval for IT equipment/software. The next step is the development of a Request For Proposal (RFP) to identify and select a vendor who can provide the required equipment and services. What is an RFP? What are the components? What specifications should be included? Who should be involved in the development?
Pick any large company and describe its strategy using the framework in the chapter.
Which would require an increase in working capital of $90 000. If the purchase is made, the firm's maintenance costs would be reduced by $60 000 annually.
When the company sells 25,250 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives?
Discuss what you mean by an 'extended value chain' of a firm. Describe some of the strategic cost management practices within this value chain.
Explain what is meant by sustainability and social responsibility reporting and why a publicly listed leasing company like IDLC may adopt this approach.
Custom Computers is a company started by two engineering students to assemble and market personal computers to faculty and students.
What is the projected operating cash flow for year one of this project? Bob's Golf Store currently sells Calloey Drivers for $450 each.
Advise the management about the right choice of an alternative so as to maximize profits - The machines for both the products are common. However, cream is produced on a special purpose machine.
When comparing absorption and variable costing which is false? Selling and administrative costs are period costs under both absorption and variable costing.
Demonstrate an understanding of management accounting systems, Different types of management accounting systems and Microeconomic techniques
Adria Lopez, owner of Success Systems, decides to prepare a statement of cash flows for her business.
Compute the anticipated break-even sales (in units) for coming year, assuming new wage contract is signed. Compute the break-even sales for the current year.
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