Overview

Cost accounting is used for two main purposes. The first purpose is to determine the actual costs of products, projects, processes, or services so an organization can report correct and accurate information on their financial statements. The second purpose is to aid the management team in making decisions and guiding the planning and control functions of the organization. Cost accounting provides an analysis of cost behavior, cost-volume-profit relationships, budgeting, resource costing, and activity- based costing. The roots of cost accounting are in the manufacturing business, but cost-accounting concepts are also used in service industries.

This assessment focuses on the SRS Educational Supply Company case study. SRS is a company that provides materials and supplies to educational institutions. The SRS business model is to be a one-stop provider of educational supply needs. For example, some of their product lines include workbooks, classroom visual aids, instructor support materials, art supplies, lab supplies, and administrative office supplies. While SRS serves all levels of educational institutions, the majority of their customers are K- 12 schools. Sales can vary quite a bit from month to month, as K-12 educational institutions have seasonal ordering patterns. Thus, budgeting is vital for planning and cash flow purposes. SRS has a June 30th fiscal year end.

For each week, students need to make journal entries that provide a reflection of their ‘journey’ of gaining, and applying knowledge of international business and global entrepreneurship. For each week students should reflect and compare the theoretical knowledge with what they apply into practice. Students should clearly identify learning goals achieved.

please, Make sure to clearly identify the thesis statement that includes three-

the point which is the points that you will talk about them in the body paragraph.

the essay has to be five paragraphs and in each paragraph five sentences. use one resource such as news, and make sure to include the links and to be easy access on it.

. the most important is to put my feeling on the essay and thoughts about how these goals will be relative to my real career or job.

here’s some of my work background: If that does not help try to find news that is related to the topic and use it as a resource for the essay.

I worked on international business in my country.

I owned a bakery in the US, we produced products that define my culture in the bakery.

please make sure to have five paragraphs with five sentences each.

Delta Corporation has developed a new clothing line that is designed for young people. In order to create a suitable image for this new product line they are launching a subsidiary called EchoDelta, with a new image, logo and tag line. Given that the target market for this new product line is primarily young people, they have engaged a Social Media Marketing Consultant to launch the new product line.

You are that consultant. Unfortunately, the executives of Delta Corporation are unfamiliar with Social Media and how it can be utilized for marketing purposes. As a result, you need to:

• Explain what a Digital Dashboard is and how it can be of use to monitor activity in real time.
• Make recommendations on what should actually be displayed, in terms of type of data, sources for that data and frequency of updates.
• Explain the benefits of using Data Visualization technology to monitor their online sales and marketing activity.
• Explain what a mashup is, and why the corporation needs to utilize such technology.
• Provide reasons as to why they should also consider using geospatial technology.To provide the executives with an example, select an organization that uses data visualization and/or geospatial technology, detail how they use it and outline what benefits you feel they have gained from it.

1. Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months.

Course Learning Outcomes-Covered 

• Explain of the concepts, models for formulating strategies, defining the organizational strategic directions and crafting a deployment strategy. (Lo 2.2)

Assignment 3Marks:10 

Students are requested to read the opening case of chapter 10 “Organizing for Innovation” from their book Strategic Management of Technological Innovation (Page Number-197-200) of e-textbook. Based on your understanding of the case and concepts studied until now answer the following question in 300-500 words each.

1.What are the advantages and disadvantages of the creative side of Google being run as a flexible and flat ‘technocracy’? (3 marks)

2. How does Google’s culture attract the kind of employees it can attract and retain. (1.5 marks)

3.What do you believe the challenges are in having very different structure and controls for Google’s creative side versus the other parts of the company. (2.5 marks)

4. Some analysts have argued that Google’s free-form structure and the 20 percent time to work on personal projects is possible only because Google is prior success has created financial risk in the company. Do you agree with this? Would Google be able to continue this management style if it had closer competitors?(3 marks)

NOTE: It is mandatory for the students to mention their references, sources and support each answer with at least 2 peer reviewed journal.