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Author Question: Generally, companies follow one of two broad strategies: offering a quality product at a low price, ... (Read 43 times)

jake

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on: Mar 6, 2021

Question 1

Describe the major differences between management accounting and financial accounting for the following:
1. Primary users
2. Focus and emphasis
3. Rules of measurement and reporting

Question 2

Generally, companies follow one of two broad strategies:  offering a quality product at a low price, or offering a unique product or service priced higher than the competition.  Assume you are opening a small food outlet across the street from your campus.  How might that business be operated under each of the two broad strategies?  Consider the following specific operational areas:

a.target customers
b.products offered
c.product pricing
d.location choice
e.advertising content
f.advertising media
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by jake on Mar 6, 2021

kishoreddi

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jake

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Reply 2 on: Mar 6, 2021
:D TYSM

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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