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1)Write a report to innovative products (laptop with inbuilt printer) and its analysis based on competitive information and environmental scanning? 2)You are required to prepare a proposal on the potential benefits and costs of implementing an Activity-based costing (ABC) system to determine customer profitability for a local bank
1)Write a report to innovative products (laptop with inbuilt printer) and its analysis based on competitive information and environmental scanning?
2)You are required to prepare a proposal on the potential benefits and costs of implementing an Activity-based costing (ABC) system to determine customer profitability for a local bank. The bank currently uses a traditional costing system. The clients of Kangaroo Commercial Bank are regional residents in the Northern part. The bank considers extending its operation across some metropolitans, to serve the retail banking and investment demands of its clients.
a. ABC system requires a setting of operational activities and activity drivers. In identifying activity driver which mainly causes cost to be incurred at an activity level, what important factors should be considered ? Explain to management why you consider these important.
b. Using at least two academic research articles to support your background research, write a minor report (in 500-600 words) to advise the management of the commercial bank on the potential benefits and cost associated with implementing an ABC system.
Expert Solution
1)Competitive Landscape :
- ? Competition affirms the incentives to innovation.
- ? Competition encourages the consumer's welfare.
- ? Impact of competition is driven by the product market payoff.
Environmental scanning :
- ?????? Analysis relationship between product and external and internal environment.
- ? Identifies the threats and opportunities affecting the product.
- ? Forecast the impact of changes in environment.
Report~
Product - Laptop
Innovation - Laptop with inbuilt printer.
Competitive landscape - It is an innovative step to introduce a inbuilt printer within a laptop.It will encourge customer welfare in time effective manner.And can bid a suitable price for it's proper market payoff.
Environmental scanning - Laptop has been a necessity for every class of people.And by inbuilting a printer to it it would be great to carry a in hand printer and can assess anytime any where, but can result in threat for those companies who produce both laptop and printer.But printer has been a need of the hour with a laptop.
2)Please use this google drive link to download the answer file.
https://drive.google.com/file/d/1Jwp0j-SATE9F3IWtsMn2H5ZBJO6qUXAL/view?usp=sharing
Note: If you have any trouble in viewing/downloading the answer from the given link, please use this below guide to understand the whole process.
https://helpinhomework.org/blog/how-to-obtain-answer-through-google-drive-link
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