Why do most of the companies prepare for profit planning? And what are the key steps to make it helpful?

Q: How to create a model to determine the company’s profit and to see how sensitive the profit is to…

A: Predicting a company's profit and understanding its sensitivity to variables such as response rates…

Q: Which statement below best describes a profit center?a. The authority to make decisions affecting…

A: Answer c. The authority to make decisions over the most significant costs of operations, including…

Q: What is opportunity cost and how does it affect the decision-making process for business decisions?

A: Discuss the opportunity cost and the way how it affects the decision making process for business…

Q: What is the value of customer relations and customer service?

A: Customer relations is the relationship with customer and the focus of which is to build customer…

Q: What is Dell’s strategy for success in the marketplace? Does the company rely primarily on a…

A: The strategy that has helped company D to achieve huge success is the marketplace is its operational…

Q: What questions should managers answer when considering outsourcing?

A:

Q: Consider some of the consumer behavior topics for business-to-consumer (B2C) marketing. How might…

A: Business to customer [B2C] is a model in which the retailers (businesses) sell goods and services to…

Q: Why do management accountants need to understand their company’s strategy?

A:

Q: What is Return On Investment? Analyze the use of ROI and the impact that it has within an…

A: Return on investment (ROI) is a metric that evaluates the success of an investment by comparing the…

Q: “A customer-profitability profile highlights those customers a company should drop to improve…

A: Customer profitability analysis: Customer profitability analysis is a management accounting tool…

Q: What problems do companies face in designing and managing their channels?

A: Distribution channel is the chain in which the final customers receive the products or purchase the…

Q: Define profit oriented company.

A: Profit Oriented Company Profit oriented company are refer as the company which main aim is to earn…

Q: What is meant by customer-profitability analysis? Give an example of an activity that might be…

A: Customer Profitability Analysis:  It is the process of ascertaining the amount of revenue earned…

Q: How are the value chain and management accounting related?

A: Because you asked many questions, we will resolve the first one for you. Please mention the question…

Q: Describe the business functions in the value chain?

A: The concept of value chain was described by Micheal Porter which implies the set of particular…