Question
Choose a company with which you are familiar that manufactures a product. In this activity, you will be making reasonable assumptions about the activities involved
"Choose a company with which you are familiar that manufactures a product. In this activity, you will be making reasonable assumptions about the activities involved in the value chain for this product; companies do not typically publish information about their value chains."
Make reasonable assumptions about the activities involved in the value chain for this product. Identify and/or suggest types of software available to implement and evaluate the value chain process. Corporations do not typically publish information about their value chains.
"Basic Discussion Questions
- Describe the product that is being produced and the company that produces it.
- Describe the six value chain business activities that this product would pass through from its inception to its ultimate delivery to the customer.
- List at least three costs that would be incurred in each of the six business activities in the value chain.
- Classify each cost you identified in the value chain as being either a product cost or a period cost. Explain your justification.
- A cost object can be anything for which managers want a separate measurement of cost. List three different potential cost objects other than the product itself for the company you have selected.
- List a direct cost and an indirect cost for each of the three different cost objects in question 5. Explain why each cost would be direct or indirect."
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