DQ Response

Subject: Managerial Accounting

Q. Please read the below paragraph and write your response with any examples

Managerial accounting offers statistical and comparative organizational and economic reliability details for organizations. A managerial accounting platform of an organization includes the systems that organizations implement to track and schedule activities and promote successful policy-making (Gowan, 2010).

Management of cost

A significant direction across which managerial accounting methods lead towards a company's performance enhancement is by cost management strategies and implementation. Regardless of financial planning and regulating at the departmental and administrative stages, organizations perform these actions at operation stage, including buying inventories or the method of accounting and collecting payments (Kaplan, 1983).

Quality control

Managerial accounting systems often lead towards quality management by evaluating and controlling performance-related costs. A strong program continuously recognizes how incremental improvements could be implemented for better affect towards quality through calculating value-related costs and linking these to items or customer satisfaction (Baldwin, 2010).

Subject: Strategic Management

Q. Please read the below paragraph and write your response with any examples

a. Which of the company’s primary value chain activities account for the largest percentage of its operating expenses?

When we take a look at the boll and branch company’s primary value chain to figure out what the largest percentage is when it comes to its operating expenses we see that we must account for everything that falls under production, packaging, assembly, equipment, maintenance, facilities, quality assurance and the like. Which we know thanks to Gamble. These costs make up a sizable percentage.

b. What support activities described in Figure 4.1 would be necessary at Boll & Branch?

There are so many support activities that could be useful for them predominantly things such as research and development mainly into their technology everything relating from the machines to databases could be extremely beneficial in making it more efficient and potentially lowering all costs. It’s also important to invest in this like marketing and sales as well, branding is important in a business like theirs.  

 

c. What value chain activities might be important in securing or maintaining a competitive advantage for a producer of upscale, branded shirts like Boll & Branch?

According to Ďurišová, J. (2010) “The aim of the value chain analysis is to help the company position itself against its competitors in the pursuit of sustainable competitive advantage”. So, in this instance if we are examining the activities that may help a producer of upscale branded shirts then we have to consider things such as what was mentioned above but also focusing on streamlining their processes. Of course, in their case in particular spending on solid marketing campaigns is very important because it is such a high-end brand in order to maintain and further its image.