For 2 of the following managerial accounting practices, please provide:
1.adefinition(1 mark)
2.anexample(2 marks)
3.anexplanationof how it adds business value when applied well (2 marks)
4.Yoursourcein the form of a list of URLs at the end of your answer (MANDATORY)
IMPORTANT:
You are expected to research your answers on the internet and in your textbook. You must cite your sources by providing the chapter and page number from your textbook and the URLs from the internet.
Failure to cite your sources will result in a zero on the assignment.
(Plagiarism is illegal.)
•Value Chain
•Computer-integrated Manufacturing (CIM)
•Enterprise Resource Planning (ERP) Software Systems
•Just-in-Time Inventory Methods
•Total Quality Management
•Activity-Based Costing
•Lean Manufacturing
•Balanced Scorecard
Write your 2 responses in the space provided below.

Answer rating: 100% (QA)

Enterprise Resource Planning ERP Software System Enterprise Resource Planning ERP software is a type of computer system used to manage and coordinate the activities of a company It allows companies to ... View the full answer