Accounting for Strategic Decision-Making Essay Example | Topics and Well Written Essays - 500 words

Accounting for Strategic Decision-Making - Essay ExampleFirst, the research make-up has used multiple methods, which are combined together such as the four methodological approaches. This gives better results to the report. Secondly, the paper raises the issue of allow management area, which a great deal concerns the implementation steps to facilitate concurrent engineering, which is not raised nor discussed in the previous accounting literatures. Third, the allocation of show costs to the detailed component take should be performed by multidisciplinary teams in the U.S based locate be compared to the previous research on the target costing practices of the Asians firms (Ellram 15). This stresses that target costing allocation is an idiosyncratic duty. Fourth, all teams work together in U.S based target costing to resolve tensions that are created by the market pressures in conjunction with the supplier to extend to the target cost. Fifth, it illustrates that U.S target cost ing has very close working relationship between the supply management and design engineering. This impacts directly on a growth or services capacity to meet their target costs. This relationship is absent in other targets costing such as the Asians. Sixth, the paper discusses how the target selling price can be established through customer negotiations which are not addressed in the previous target costing research. Lastly, it shows that the supply in U.S costing method plays a major role in product development which is not clearly stated in other costing methods.On the other hand, on weaknesses, it fails to discuss what affects the products success in U.S target costing method, whether it is the products higher prices or the markets readiness. It has also not specified the theoretical target costing time frame for each of the steps in the implementation process. Another weakness is that it shows the same way of determining the product cost which is good the same with