--%>

Factors due to changing business landscape

What are the various factors which occurred due to the changing business landscape?

E

Expert

Verified

The various factors which occurred due to the changing business landscape are as follows:

a) Growth of the service sector.

b) Emergence of new industries.

c) Growth of e-commerce.

d) Automated manufacturing.

e) Lean manufacturing.

f) Bigger product innovation.

g) Quick response times.

   Related Questions in Managerial Accounting

  • Q : Analysis on Business Profile BUSINESS

    BUSINESS PROFILES:Go to the following webpage by clicking on the link or by copying and pasting the URL into your web browser:After opening the link, you will see a small cover page of the West Newsmagazine’s publication titled “Business Profiles&rdq

  • Q : Describe Trust Accounting Trust

    Trust Accounting: It is the "accounting of each and every item of income and expenditures which are employed to find out the amount that certain beneficiaries will obtain from the trust each year." Actually, it is equivalent to all the revenues receiv

  • Q : Significance of partnership deed Why is

    Why is it significant to encompass a partnership deed in writing? Answer: Partnership deed is significant as it is a document stating relationship of each and every

  • Q : The provision of management accounting

    explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating

  • Q : Determining costs and benefits in

    Write down a short note on determining costs and benefits in decision making process?

  • Q : Define Expense Expense : The Outflow or

    Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future

  • Q : Annual report A company's annual report

      A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha

  • Q : Explain Activity-Based Costing

    Activity-Based Costing: It is a cost accounting process that measures the cost and performance of process related activities and cost objects. It assigns cost to cost objects, like products or customers, based on their utilization of

  • Q : Relevance-accounting information What

    What do you mean by the term relevance which is accounting information?

  • Q : What is Service What do you mean by

    What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.