微观经济学Management accounting参考.pptVIP

Reading Assignment Chapter 20 A comprehensive reading of the whole chapter is required, together with the Demonstration Problem 1 2 on P. 831 - 834 Chapter 20: Questions 1, 2, 11, 19, 20, 22 BE20.3, BE20.4, BE20.5, BE20.9 E20.3, E20.7, E20.9 P20.2, P20.3, P20.5, BYP20.1, BYP20.3, BYP20.6 Value chain management continued The supply chain consists of all activities from receipt of an order to product or service delivery Managing the value chain and supply chain requires: Technological changes Just-in-time inventory methods Quality Focus on activities PowerPoint presentation by Dr Anne Abraham, University of Western Sydney * Value chain management continued Technological changes include enterprise resource planning (ERP) to centralise and integrate information Just-in-time (JIT) inventory methods deliver goods just in time for use, lowering inventory costs Total quality management (TQM) aims to quality by reducing defects in finished product PowerPoint presentation by Dr Anne Abraham, University of Western Sydney * Value chain management continued Activity based costing (ABC) allocates overhead based on each product’s use of activities in making the product, and thus provides a method of controlling these costs Activity based management (ABM) uses information from ABC to analyse cost drivers and performance to improve customer value and profitability PowerPoint presentation by Dr Anne Abraham, University of Western Sydney * Globalisation Businesses operate in many different countries which presents challenges due to: International competition Differences in monetary systems Differences in legal and accounting systems Management accountants provide the total information resource that enables entities to evaluate their competitive position in global markets PowerPoint presentation by Dr Anne Abraham, University of Western Sydney * Corporate social responsibility Under CSR, firms take a broad perspective of their business operations Extends beyond short-term