To develop a strategic plan as a nonaccounting manager you need to analyze and link management accounting data and performance information with business strategies. You also need to extend the scope of management accounting beyond the organization. For this perspective you will need to focus on variables that are external to the firm such as variables relating to markets customers and competitors. This external focus will help you develop a sustainable competitive advantage which is the primary element of your long-term growth strategy.
In this assignment you will analyze the factors that affect the long-term growth strategy of a company.
Tasks:
Respond to the following:
Write your initial response in 300500 words. Your response should be thorough and address all components of the discussion question in detail include citations of all sources where needed according to the APA Style and demonstrate accurate spelling grammar and punctuation