Accounting Information Systems
10th Edition
ISBN: 9781337619202
Author: Hall, James A.
Publisher: Cengage Learning,
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Question
Chapter 7, Problem 3P
To determine
Describe five companies which are considered to be the world-class companies and their innovations.
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Conduct an online search using the keywords "world-class companies" and "manufacturing". Find five companies that claim to be world-class manufacturing companies and state the innovation(s) these companies have undertaken to become world class.
4. Required
You are required to select one JSE listed company (all clients of BDO) and to prepare a content analysis
of your selected company's business strategy. The companies encompass a variety of industries.
Therefore, you are advised to reflect on these industries and make your company selection based on
the company or industry that interests you. The five companies, from which you may make your
selection, are as follows:
1. Caxton and CTP Publishers and Printers Ltd
2. Comair Ltd
3. Ellies Holdings Ltd
4. Exemplar REITail Ltd
5. Master Drilling Group Ltd
Strategy
The table below contains the names of six companies.
Required:
For each company, categorize its strategy as being focused on customer intimacy, operational excellence, or product leadership, if you wish to improve your understanding of each company’s customer value proposition before completing the exercise, review its most recent annual report. To obtain electronic access to this information, perform an Internet search on each company’s name followed by the words “annual report.”
Chapter 7 Solutions
Accounting Information Systems
Ch. 7 - Prob. 1RQCh. 7 - Prob. 2RQCh. 7 - Distinguish between continuous, batch, and...Ch. 7 - Prob. 4RQCh. 7 - What are the primary determinants for both...Ch. 7 - What are the objectives of inventory control in...Ch. 7 - Prob. 7RQCh. 7 - What documents are needed for cost accounting...Ch. 7 - What types of management reports are prepared by...Ch. 7 - What document signals the completion of the...
Ch. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - What is meant by the statement Inventories...Ch. 7 - What are the primary goals of lean manufacturing?Ch. 7 - Distinguish between activities and cost objects in...Ch. 7 - Differentiate between essential and nonessential...Ch. 7 - Prob. 18RQCh. 7 - Define computer-integrated manufacturing.Ch. 7 - Prob. 20RQCh. 7 - Discuss the importance of the move ticket to the...Ch. 7 - How realistic are the assumptions of the economic...Ch. 7 - Explain why the economic order quantity is the...Ch. 7 - Supervisors in the work centers oversee the usage...Ch. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - How does automation help achieve manufacturing...Ch. 7 - Prob. 9DQCh. 7 - How can poor quality be expensive to the firm,...Ch. 7 - Discuss how an emphasis on financial performance...Ch. 7 - Prob. 12DQCh. 7 - How are cost structures fundamentally different...Ch. 7 - Prob. 14DQCh. 7 - Prob. 15DQCh. 7 - Discuss the advantages of activity-based costing.Ch. 7 - Discuss the disadvantages of activity-based...Ch. 7 - Explain why traditional cost allocation methods...Ch. 7 - Explain the concept of a product family and its...Ch. 7 - Explain the relationship between MRP II and ERP.Ch. 7 - Prob. 1MCQCh. 7 - Which of the following is NOT a problem associated...Ch. 7 - Which of the following is NOT a principle of lean...Ch. 7 - Which line segment represents the reorder lead...Ch. 7 - Which line segment represents the demand? a. DE b....Ch. 7 - Which statement describes the evolution of...Ch. 7 - Which of the following statements regarding...Ch. 7 - Refer to the equation for the EOQ in the text. Car...Ch. 7 - DOCUMENT FLOWCHART Prepare a flowchart that...Ch. 7 - Prob. 2PCh. 7 - Prob. 3PCh. 7 - Prob. 4PCh. 7 - Prob. 5PCh. 7 - ZERO DEFECTS PROCESS Northern Tractor is a...Ch. 7 - ACTIVITY DRIVERS Cut It Up, Inc., is a...Ch. 7 - LEAN MANUFACTURING PRINCIPLES Write an essay...Ch. 7 - Internal Control Cases UTICA LIGHTING COMPANY...Ch. 7 - LAWN WIZARD INC. (MANUAL SYSTEM WITH STAND-ALONE...Ch. 7 - Prob. 4ICCCh. 7 - Prob. 5ICC
Knowledge Booster
Similar questions
- In this assignment, you are asked to consider impacts of COVID-19 by looking-up a company/firm of your choosing and thinking through the following questions to include in your post to this discussion topic: 1) Name of the company/firm. Identify as the title of your post (click "reply" to this discussion). 2) Identify the industry or company type (i.e. manufacturing; merchandising; service). 3) Which costs do you think would be impacted and why? Be specific with your examples (i.e. variable, fixed, materials, labor, overhead, non manufacturing…). 4) What kind of variances would you expect to see when compared to the budgets created prior to COVID-19 (favorable or unfavorable) and why? Be specific with your examples. Keep in mind not all industries were seeing declines in net operating income due to Covid-19. Some industries turned to increased hiring and showed increases in revenues (for instance, grocery stores).arrow_forwardFor each of the following companies, determine what they primarily sell and whether their e-commerce strategy is primarily business-to-consumer (B2C), business-to-business (B2B), or both. Use the Internet to investigate each companys site in conducting your research. a. Amazon.com b. Dell Inc. c. DuPont d. Intuit Inc. e. L.L. Bean, Inc. f. W.W. Grainger, Inc.arrow_forwardName and describe six social media tools for recruiting talent.arrow_forward
- Corporate sustainability reports vary greatly across companies and industries. Select two companies that interest you and conduct an online search to find their corporate sustainability report. (If one or both of the companies you selected do not issue a corporate sustainability report, then select a different company that does issue such a report.) You can either scroll through the corporate sustainability reports for the two companies you selected or you can download them onto your computer and scroll through the downloaded reports. Note: Completing the requirements under this task by answering from the perspective of an BS Accounting Information System student, is highly encouraged. Required: 1. Identify and briefly explain three similarities between the two corporate sustainability reports. 2. Identify and briefly explain three differences between the two corporate sustainability reports. 3. What do you believe is the greatest strength of each corporate sustainability…arrow_forwardwhat should the standard be for a business method patent? Second, please include a discussion of whether you think that Amazon should be able to patent the One-Click method of ordering goods AND whether you think Facebook should be able to patent a process that “dynamically provides a news feed about a user of a social network.arrow_forwardStarting a company has several challenges, one of which is deciding on the kind of organization to create. Why may they choose to join forces with you?arrow_forward
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- Find entities that deal with making rankings for companies.arrow_forwardfind an article in the field of business and critically evaluate the different sections and methodology used. You will need to critically discuss each section and then provide your thoughts and ideas on themethodology, data collection and presentation of the results.arrow_forwardWhat are some of the ethical concerns that come to mind for companies seeking to sell to the bottom of the pyramid? Review companies like Nike and Nestle and identify and address the ethical concerns these companies have raised. Provide your evaluation in a two-page paper.arrow_forward
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