1. How do business process reengineering initiatives cause radical changes in the way firms execute processes?
2. How are competitive forces driving decisions to downsize and restructure operations?
3. In what ways, and why, are operations of many firms becoming more diverse? How does the increasing diversity affect the roles of the firms accounting systems?
4. Why are firms adopting enterprise resource planning systems, and how are such systems used?
5. What are strategic alliances, what forms do they take, and why do firms participate in them?
6. What are the characteristics of open-book management, and why does its adoption require changes in accounting methods and practices?
7. What are the three generic approaches that firms can take in controlling environmental costs?

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Business process reengineering initiatives cause radical changes in the way firms execute processes by fundamentally rethinking and redesigning their existing processes to achieve significant improvem... View the full answer