ACC 501 Module 4 Discussion AND Reflection

Corporate citizenship, lean manufacturing, TQM, activity based management, benchmarking, and Goldratt’s Theory of Constrains are concepts used by many corporations to streamline operations, meet demands of stakeholders, and ultimately to improve profitability.

Required:

Use Internet to research at least one of the above concepts. How are these relevant to managerial accounting? Please be specific and provide an example or a corporate story as an illustration in your original posting.

Presence during both weeks of the module and a minimum of three postings are required, one original posting and two responses to colleagues. Minimum required participation does not guarantee a perfect score.

You have worked your way through four managerial-accounting-related Cases and a Session Long Project. Provide three specific examples about how you would use your new skills in your current position or a possible future position.