Management accounting techniques has changed significantly over the past two decades due to the changes in the business environment. Requirements: 1. You are required to prepare a mind map; 2. A written report of approximately 1,000-1,500 words 3. The content of your mind map and written report should cover the following requirements: a) Justify why contemporary strategic management accounting techniques such as Kaizen, life cycle costing, balanced scorecard, target costing and etc. is becoming increasingly important in many organizations. b) Select any ONE (1) strategic management accounting techniques and identifyTWO (2) companies for each strategic management accounting techniques which you have selected. Critically discuss the company's practices. Your answer should also include an evaluation of the challenges faced by the organization when implementing the technique which you have selected.