reen manufactures agricultural equipment and is planning to develop and launch a new fuel efficient tractor. Required: Discuss how the strategic management accounting techniques below could offer Green opportunities for improving performance and ways to seek to achieve cost reduction. Target Costing Just-in-time and the Theory of Constraints Activity Based Management (ABM)
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
Green manufactures agricultural equipment and is planning to develop and launch a new fuel efficient tractor.
Required:
Discuss how the strategic management accounting techniques below could offer Green opportunities for improving performance and ways to seek to achieve cost reduction.
Target Costing
Just-in-time and the Theory of Constraints
Activity Based Management (ABM)
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