Lakeside T-Shirt Company sells a variety of T-shirts. Lakeside presents the following data for its first two

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Lakeside T-Shirt Company sells a variety of T-shirts. Lakeside presents the following data for its first two years of operations, 2015 and 2016. For simplicity, assume that all purchasing and selling costs are included in the average cost per T-shirt and that each customer buys one T-shirt.
Lakeside T-Shirt Company sells a variety of T-shirts. Lakeside presents

Required
1. Is Lakeside's strategy one of value or cost leadership? Explain briefly.
2. Describe briefly the key elements Lakeside should include in its balanced scorecard and the reasons it should do so.

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Cost Accounting A Managerial Emphasis

ISBN: 978-0133138443

7th Canadian Edition

Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham

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