CH 1 Manager and Management Acc

Question 1

Purposes of Acc Systems (5 Stück)

Answer 1

1. Over all Strategies and long range plans
2. Performance Measurement and Evaluation
3. Resource allocation decisions
4. Cost Planning
5. Meeting external regulatory

Question 2

Value Chain (6 Parts)

Answer 2

1. R&D
2. Design
3. Production
4. Distribution
5. Customer Service

Question 3

Key Success Factors (4)

Answer 3

Cost, Quality, Time, Innovation

Question 4

What does planning do ?

Answer 4

selects goals, predicts results and decides how to attean goals. -> Budget is the most important planning tops

Question 5

5 Step decision making process

Answer 5

1. Identify
2. get Information
3. Make predictions
4. Implement decision

Question 6

Professional Ethics (4)

Answer 6

Competence, Confidentiality, Integrity, Objectivity