For 2 of the following managerial accounting practices, please provide:

1.a

definition

(1 mark)

2.an example

(2 marks

)

3.an explanation of how it adds business value when applied well (

2 marks

)

4.Yoursourcein the form of a list of URLs at the end of your answer (MANDATORY)IMPORTANT

:

You are expected to research your answers on the internet and in your textbook. You must cite your

sources by providing the chapter and page number from your textbook and the URLs from the internet.

Failure to cite your sources will result in a zero on the assignment.

(Plagiarism is illegal.)

Value Chain

Computer

-integrated Manufacturing (CIM)

Enterprise Resource Planning (ERP) Software Systems

Just-in

-Time Inventory Methods

Total Quality Management

Activity

-Based Costing

Lean Manufacturing

Balanced Scorecard

Write your

2 responses

in the space provided belo