Some would argue that the role of accounting is simply as an information provider. Others suggest that accountants serve the role of business analyst. Which role produces more value for a company like Starbucks? In the area of accounting information systems, what specifically can the accountant do to serve as a business analyst to help address business opportunities?
What will be an ideal response?
Answers will vary! Accountants carry out an important function by providing information. However, it is arguable that accountants can add value to a company by serving as a business analyst; that is, understand what information needs to be collected and then help in its interpretation.
You might also like to view...
Rashid, the CEO of Top Productions, said to his new vice president of accounting, "In the past I had resistance to new ideas by employees who felt that our plans threatened their influence or their jobs. So when you tell your collections department that we just hired a collection agency to handle bad debt, you may have to sell your collections manager and his supervisors on using the agency. You also have to emphasize the fact that nobody is going to be laid off." Selling middle and supervisory managers on changes to overcome their resistance is often a necessary part of
A. reality assessment. B. strategy formulation. C. strategic control. D. operational control. E. strategy implementation.
Given the highly competitive nature of business-to-business markets, the biggest enemy to marketers here is commoditization
Indicate whether the statement is true or false
According to the text, why do some sales trainers encourage salespeople to plan questions to ask during sales presentations?
A. Determine how a prospect feels about their current supplier B. Provide positive feedback about MCI to buyers C. Assess verbal and nonverbal feedback about MCI D. Request additional information about their own products E. Gather statistical information for MCI management
Describe how MRP systems assist operations management.
What will be an ideal response?