Tutorial week 2
Class discussion Question 1
Why is it important for an accountant to understand their business and industry as well as managements informational needs in addition to knowing how to generate financial statements? (You may use S&S as the context while asking this question.)
Class Discussion Question 2:
Think about the various forms of social media (e.g., Twitter, Facebook) would this nonfinancial information external to the company be of use? What other nonfinancial information would be useful? Could you think of financial information that is external to the organization that might be useful to management as well?
Class Discussion Question 3
On the basis of Porter’s five forces determine the strategic positioning and organizational strategy of soft drink manufacturer M/s Pepsi Inc.
Class Discussion Question 3
Research the body shop website and come up with the arguments whether the business is using red ocean strategy or blue ocean strategu