Case Study Classic Sanitary Wares (CSW) manufactures and sells bathroom accessories in Adelaide. CSW is facing...

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Case Study Classic Sanitary Wares (CSW) manufactures and sells bathroom accessories in Adelaide. CSW is facing the following market challenges and opportunities: • CSW needs to develop some preliminary cost estimates for launching a new product- *Daffodil Basin'. • • CSW is experiencing increasing pressures from new competitors who are importing sanitary wares from China and selling them at cheaper prices in the Australian markets. CSW has been struggling in making timely and efficient decisions to survive in highly competitive post-covid 19 business environments. Required: Critically Discuss: 1. What management accounting tools and techniques that may help CSW to develop cost estimates for launching the new product - Daffodil Basin'? 2. What may be the core features of CSW's business strategy to effectively deal with the increasing market competition? 3. What may be your suggestions for developing an efficient decision-making framework for CSW? Assume the following context: You are a university student on an industry placement with a private firm of management accounting consultants. The CEO of your firm has asked you to develop a Video Presentation of 8-10 minutes duration on your case study. The Target Audience: Your target audience is a senior management team from CSW. Case Study Classic Sanitary Wares (CSW) manufactures and sells bathroom accessories in Adelaide. CSW is facing the following market challenges and opportunities: • CSW needs to develop some preliminary cost estimates for launching a new product- *Daffodil Basin'. • • CSW is experiencing increasing pressures from new competitors who are importing sanitary wares from China and selling them at cheaper prices in the Australian markets. CSW has been struggling in making timely and efficient decisions to survive in highly competitive post-covid 19 business environments. Required: Critically Discuss: 1. What management accounting tools and techniques that may help CSW to develop cost estimates for launching the new product - Daffodil Basin'? 2. What may be the core features of CSW's business strategy to effectively deal with the increasing market competition? 3. What may be your suggestions for developing an efficient decision-making framework for CSW? Assume the following context: You are a university student on an industry placement with a private firm of management accounting consultants. The CEO of your firm has asked you to develop a Video Presentation of 8-10 minutes duration on your case study. The Target Audience: Your target audience is a senior management team from CSW.

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Video Presentation Script Good afternoon senior management team of Classic Sanitary Wares My name is Name and I am a university student on an industry placement with a private firm of management accou... View the full answer