Long-Term Growth Strategy

Assignment 1: Discussion—Predicting and Developing a Long-Term Growth StrategyTo develop a strategic plan, as a nonaccounting manager, you need to analyze and link management accounting data and performance information with business strategies. You also need to extend the scope of management accounting beyond the organization. For this perspective, you will need to focus on variables that are external to the firm, such as variables relating to markets, customers, and competitors. This external focus will help you develop a sustainable competitive advantage, which is the primary element of your long-term growth strategy.In this assignment, you will analyze the factors that affect the long-term growth strategy of a company.Tasks:Respond to the following:What can you learn from the financial statements of competitors that determine the relative cost position of your company? What are some of the ways in which you can secure a sustainable cost advantage over the competition? How does maintaining a strong understanding of relative costs help you maintain the competitive advantage? How do you use cost structure to differentiate products? Do you think product differentiation is a successful growth strategy? Why or why not? What is the usefulness of conducting a customer profitability analysis?Submission Details:By the due date assigned, post your response to the Discussion Area. Through the end of the module, read and respond to at least two other classmates’ posts on at least two different days of the week.Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

We help you get better grades, improve your productivity and get more fun out of college!!

Get 25% Discount on Your First Order

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

How it works – it’s easy

Y

Place your Order

Submit your requirements through our small easy order form. Be sure to include and attach any relevant materials.

Make a payment

The total price of your order is based on number of pages, academic level and deadline.

i

Writing process

We assign the assignment to the most qualified tutor. When the tutor completes the assignment, it is transferred to one of our professional editors to make sure that the assignment meets all of your requirements.

Once complete, we’ll send your assignment via the email provided on the order form.

 

 

Achieve academic success with the best online tutors.