Question: As mentioned in E 6, Edward Ortez recently opened his own company. He has been thinking of ways to improve the business. Here is a

As mentioned in E 6, Edward Ortez recently opened his own company. He has been thinking of ways to improve the business. Here is a list of the actions that he will be undertaking:

1. Engaging an accountant to help analyze progress in meeting the objectives of the company.

2. Hiring a company to handle payroll records and employee benefits

3. Developing a logo for labeling and packaging the ceramics

4. Making gift packages by placing gourmet food products in ceramics pots and wrapping them in plastic

5. Engaging an attorney to write contracts

6. Traveling to Mexico himself to arrange for the purchase of products and their shipment back to the company

7. Arranging new ways of taking orders over the internet and shipping the products

8. Keeping track of the characteristics of customers and the number and types of products they buy

9. Following up with customers to see if they received the products and if they are happy with them

10. Arranging for an outside firm to keep the accounting records

11. Distributing brochures that display the ceramics and refer to the website

Classify each of Ortez’s actions as one of the value chain’s primary processes-research and development, design, supply, production, marketing, distribution, or customer service—or as a support service—human resources, legal services, information systems, or management accounting. Of the 11 actions, which are the most likely candidates for outstanding? Why?

Step by Step Solution

3.33 Rating (174 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 Management accounting 2 Human resources 3 Design 4 ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

95-B-A-M-B (845).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!