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(PDF) Role of Accounting in a Society

   

Added on  2021-04-21

7 Pages1853 Words40 Views
Running head: ACCOUNTING IN ORGANIZATION AND SOCIETYAccounting in Organization and SocietyName of the StudentName of the UniversityAuthor’s Note
(PDF) Role of Accounting in a Society_1
1ACCOUNTING IN ORGANIZATION AND SOCIETYTable of ContentsRequirement 2..................................................................................................................................2Requirement 3..................................................................................................................................3Requirement 4..................................................................................................................................4Requirement 5..................................................................................................................................5References........................................................................................................................................6
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2ACCOUNTING IN ORGANIZATION AND SOCIETYRequirement 2ObjectivesMeasuresTargetsInitiativesFinancialROCEAssetUtilizationProfitabilityROCECash FlowNet ProfitMargin15%$50 m10%Increase insalesEffectivefinancialstrategiesCustomerDelight theCustomersIncrease inCustomers’LoyaltyMysteryShoppingRatingCustomerSatisfactionRating4.5Points85%Introductionof mysteryshoppingprogramIntroductionof LoyaltyProgramsInternalProcessInnovativeProductsand ServicesInventoryManagementCost LeaderImprovement in EHSNew FashionGarmentsROIInventoryLevelPerfect OrdersSustainabilityActivities20%15%ofSalesIntroductionof ReviewProgramsIntroductionof SafetyTrainingProgramsLearningandGrowthSatisfactionofEmployeesCompetenciesEmployeeSurveyPersonal BSC(percentage)StrategicCompetencies>580%85%Introductionof skilldevelopmentandcompetencydevelopmentprogramsTable 1: Balance Scorecard of RTXM(Source: As created by Author)
(PDF) Role of Accounting in a Society_3

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