ACCT303 - Strategic Management & Cost-Reduction Strategies & Analysis - Accounting Assignment Help

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Assignment Task - 

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For this assessment you should choose one of the following companies and answer the questions with reference to the company selected:

  1. Starbucks
  2. Aveo Group
  3. Cimic Group Limited
  4. Coca Cola Amatil
  5. Qantas Limited
  6. Slater & Gordon Limited

This assessment is concerned with evaluating cost-reduction strategies, balanced scorecard, the nexus between BSC and common good, quality perspectives, pricing policy and customer profitability analysis with specific reference to the company chosen from the list above.

1. Explain what methods you would use to reduce costs and enhance value within this company. Discuss the potential efficacy of each method.

2. Identify at least two objectives for each of the four quality cost perspectives (prevention costs, appraisal costs, internal failure costs and external failure costs). and identify two potential performance measures for each.

3. Using the four perspectives of balanced scorecard (BSC), provide five measures suitable for each perspective, and develop a balanced scorecard.

4. Should the nature of the balanced scorecard vary by country or are there some basic concepts that are equally applicable in every country?

5. Describe how the BSC can contribute to common good.

6. Is cost-plus pricing appropriate for the company to use? If not, which method is most appropriate to determine prices for goods/services the company produces?

7. What factors might indicate the diminishing importance of a product/service or a service/product line? Describe how Microsoft Excel can be utilised to measure the profitability of product/service lines.

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