lakeside T-Shirt Company sells a variety of T-shirts. lakeside presents the following data for its first two

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lakeside T-Shirt Company sells a variety of T-shirts. lakeside presents the following data for its first two years of operations, 2018 and 2019. For simplicity, assume that all purchasing and selling costs are included in the average cost per T-shirt and that each customer buys one T-shirt.

2018 2019 Number of T-shirts purchased 200,000 250,000 Number of T-shirts lost 2,000 3,300 198,000 Number of T-shirts so


Required
1. Is lakeside's strategy one of value or cost leadership? Explain briefly.

2. Describe briefly the key elements lakeside should include in its BSC and the reasons it should do so.

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Related Book For  book-img-for-question

Horngrens Cost Accounting A Managerial Emphasis

ISBN: 978-0134453736

8th Canadian Edition

Authors: Srikant M. Datar, Madhav V. Rajan, Louis Beaubien

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