The ALLTEL Pavilion Case: Strategy and CVP Analysis

2004 ◽  
Vol 19 (4) ◽  
pp. 555-565 ◽  
Author(s):  
Edward Blocher ◽  
Kung H. Chen
Keyword(s):  
Management Accounting ◽  
Cost Accounting ◽  
Pricing Strategies ◽  
Strategic Issues ◽  
Service Business ◽  
Different Types ◽  
Operating Leverage

The ALLTEL Pavilion case is intended for the undergraduate management accounting or cost accounting course and the M.B.A. management accounting course. It provides an excellent context in which to examine strategic issues in using cost volume profit (CVP) in a service business. Based on an actual entertainment pavilion, the case develops many factors unique to a service business and illustrates how pavilion management can use CVP analysis to determine which artists to attract and what kinds of contracts to have with these performers. The Pavilion has two types of customers (paying ticket holders and free ticket holders) and earns profits from three types of revenues (ticket revenues, concession revenues, and parking fees). The case requires you to identify the best strategy for different types of artists, conduct cost-volume-profit analyses, consider the strategic issues related to operating leverage and how this affects the choice of performer and contract, and assess pricing strategies.

scholarly journals An examination of the factors affecting the performance of Management Accounting students at the Durban University of Technology

2020 ◽  
Author(s):  
◽  
Stephanie Caroline Singh
Keyword(s):  
South Africa ◽  
Student Performance ◽  
Positive Impact ◽  
Management Accounting ◽  
Cost Accounting ◽  
Accounting Students ◽  
Factors Affecting ◽  
Five Factors ◽  
University Of Technology ◽  
The Impact

The success of a module at a university of technology is measured by student performance. At the Durban University of Technology in the Department of Management Accounting, students in their second year of study struggle with conceptualising content in Cost Accounting two which affects their performance. The purpose of this study was to identify the factors which may impact on the performance of Cost Accounting two students and to determine if these factors have a significant association with a student’s performance in Cost Accounting two. Many studies have identified various factors which may influence students’ academic performance. For the purpose of this study, five factors that may affect student performance were identified and examined. The independent variables or factors identified were attendance, age, gender, grade 12 results and language. The dependent variable for this study was performance (in Cost Accounting two). In order to measure the performance of students included in the study, the percentage achieved in Cost Accounting two for the semester was used. Although studies have been conducted on student performance at universities across South Africa and around the world, limited studies were conducted on the performance of Cost Accounting two students within South Africa. The study aimed to identify the factors that affect the performance of Cost and Management Accounting students at a university of technology and the impact of those factors on performance. The study found that only student attendance has a positive impact on student performance in Cost Accounting two. The findings of this study may be useful to the Department of Management Accounting at the DUT and other universities of technology. It is hoped that the current study will be useful to other teachers of cost and management accounting at universities on which factors influence the academic achievement of students.

1. Introduction

2014 ◽  
Author(s):  
Christopher Nobes
Keyword(s):  
Management Accounting ◽  
Financial Accounting ◽  
Different Types ◽  
Key Driver ◽  
Reporting Entity ◽  
Rules And Standards

Research shows that the need to keep account was the key driver in the invention of writing and numbers. The ‘Introduction’ explains the importance of accounting to civilization and identifies the different types of accounting — bookkeeping, financial accounting, auditing, and management accounting. The focus is on the central areas of accounting and not insolvency, tax, consultancy, and finance. The structure of accountancy bodies and firms is explained as well as the rules and standards that govern them. The reporting entity can range from a sole trader to a larger business with joint owners or partners who are liable for the debts of the business and the tax on the profits.

Cooperation strategies for e-commerce platforms with seller classification

Kybernetes ◽  
2016 ◽  
Vol 45 (9) ◽  
pp. 1369-1386 ◽  
Author(s):  
Ya’nan Ji ◽  
Xiaoyan Xu ◽  
Yanhong Sun
Keyword(s):  
Service Quality ◽  
Design Methodology ◽  
Pricing Strategies ◽  
Performance Requirement ◽  
Content Type ◽  
Pricing Decisions ◽  
Different Types ◽  
The Individual ◽  
Practical Implications ◽  
Strategy I

Purpose The purpose of this paper is to study the cooperation and pricing strategies for e-commerce platforms when considering seller classification. Design/methodology/approach E-commerce platforms serve to facilitate trade and generate revenue from the participants. By classifying the sellers in the market into two types (the individual sellers vs the professional sellers), the authors examine how the interaction between the two types of sellers affects the platform’s cooperation and pricing decisions. Specifically, the authors compare two cooperation strategies for the platform: cooperating only with the professional sellers (strategy I); and cooperating with both the two types of sellers (strategy II). Findings When the platform attractiveness for the professional sellers is high enough, strategy II is absolutely beneficial than strategy I; whereas when the platform attractiveness for the professional sellers is low and the performance requirement of the individual sellers is relatively high, strategy I will be more beneficial. Practical implications For a platform choosing strategy II, it should make effort to differentiate between the different types of sellers by the product or service quality. Originality/value The paper is among the first to study the cooperation and pricing strategies for the e-commerce platform with seller classification.

Management Accounting Issues: Opinions and Comments

Auditor ◽  
2020 ◽  
Vol 6 (1) ◽  
pp. 47-53
Author(s):  
N. Mislavskaya
Keyword(s):  
Philosophy Of Science ◽  
Management Accounting ◽  
Cost Accounting ◽  
Accounting System ◽  
Methods Of Calculation ◽  
Current Paradigm ◽  
Management Accounting System

Th e article focuses on the stationarity of the crisis in the development of the national management accounting system. Th e author presents his position on such trivial problems as the organization of management accounting and shortcomings of functioning methods of calculation and cost accounting. Th e projection on the situation of the postulates of the philosophy of science actualizes the transformation of generally accepted views on the current paradigm, in connection with which the defi nition of objects of management accounting is subject to revision and rethinking.

scholarly journals Improvement of the mechanism of management accounting of enterprise expenses in the conditions of clusterization

2021 ◽  
Vol 3 (4(59)) ◽  
pp. 6-11
Author(s):  
Pavlo Hlasov
Keyword(s):  
Management Accounting ◽  
Cost Accounting ◽  
Accounting System ◽  
Effective Mechanism ◽  
Financial Investment ◽  
Priority Areas ◽  
Innovation Potential ◽  
Current State ◽  
Cluster Mechanism ◽  
Cost Accounting System

The object of research is the implementation of clustering of the economy as an effective mechanism for management accounting of the costs of enterprises. One of the most problematic areas is the identification of the main priority areas of clustering the economy, which will actively influence the development of management accounting of enterprises' costs. The use of a cluster mechanism for management cost accounting, thanks to management, information, personnel, financial, investment, and innovation potential, will create a research base for developing cost accounting methods and assess the prospects for its use in clusters. The analysis of the current state of the introduction of clustering of the economy is made on the example of Ukraine. The main characteristics of the directions of development of the introduction of clustering of the economy have been determined. The main priority areas of clustering of the economy will actively influence the development of management accounting of enterprises' costs. In the course of the study, approaches to clustering the economy as an effective mechanism for management accounting of enterprises' costs are used. The stages of the introduction of clustering of the economy as an effective mechanism for management accounting of the costs of enterprises are determined. These stages provide for the determination of the role of clustering the economy in creating an effective mechanism for accounting for expenses in clusters and the development and implementation of action plans for its implementation. The next step is to analyze the implementation of management accounting of expenses in clusters and develop the principles of its formation. For their implementation, it is proposed to develop directions for the development of the introduction of clustering of the economy and to present the cluster mechanism as an effective factor in improving the management accounting of enterprises' costs. Thanks to this, it is possible to prevent and solve the problems of management accounting of expenses in clusters and to increase the efficiency of the cluster association. In comparison with similar well-known methods, the proposed approaches allow to form an effective management cost accounting system and improve management in clusters using the cluster approach.

scholarly journals Development of Theoretical and Methodological Foundations of Management Accounting in the Enterprises of the Service Sphere in the Field of Telecommunication in the Republic of Uzbekistan

2020 ◽  
Vol 6 (11) ◽  
pp. 288-293
Author(s):  
E. Shodiev
Keyword(s):  
Service Sector ◽  
Management Accounting ◽  
Cost Accounting ◽  
Activity Based Costing ◽  
Current Development ◽  
Target Costing ◽  
Internet Technologies ◽  
The Republic ◽  
The Cost

The article examines the current development of the theoretical and methodological foundations of management accounting at enterprises in the service sector in the field of telecommunications in the Republic of Uzbekistan. In particular, we study theoretical and organizational and methodological provisions for adapting cost accounting tools and calculating the cost of products and services to the organizational and technological features of organizations in the sphere of Internet technologies, as well as in developing a methodology for calculating the cost of products and services goal-costing, target-costing, Kaizen Costing, Activity-Based Costing.

Accounting Policy and Its Role in the Organization of Reliable Accounting in the Enterprise

2017 ◽  
Vol 6 (3) ◽  
pp. 34-40
Author(s):  
Любовь Чайковская ◽  
L. Chaykovskaya ◽  
Андрей Гарнов ◽  
Andrey Garnov
Keyword(s):  
Market Economy ◽  
Management Accounting ◽  
Essential Element ◽  
The State ◽  
Operating Conditions ◽  
Financial Condition ◽  
Different Types ◽  
Accounting Policy

The article is devoted to the organization of accounting on the basis of properly formulated accounting policy for both accounting and taxation purposes and management accounting. It is noted that the need for accounting policy is due to the fact that the state in a market economy can not recommend different accounting schemes to different enterprises, since the operating conditions and tasks of each enterprise have differences. In conclusion, it was concluded that the formation of accounting policy is an essential element of the organization of different types of accounting at enterprises and can be an effective tool for managing indicators that characterize the financial condition of the enterprise.

scholarly journals Time-Driven Activity-Based Costing Systems for Marketing Decisions

2019 ◽  
Vol 14 (1) ◽  
pp. 191-207
Author(s):  
Yonpae Park ◽  
Sungwoo Jung ◽  
Yousef Jahmani
Keyword(s):  
Decision Making ◽  
Management Accounting ◽  
Activity Based Costing ◽  
Customer Profitability ◽  
Managerial Decision ◽  
Traditional Management ◽  
Price Differentiation ◽  
Different Types ◽  
Marketing Costs ◽  
Two Parameters

AbstractThe activity-based costing (ABC) systems emerged as a management accounting innovation in the mid-1980s in response to dissatisfaction with traditional management accounting techniques and heightened international competition. Although ABC provides many advantages for managerial decision making, ABC tends to be outdated due to its limitations and is substituted by the time-driven activity-based costing (TDABC) systems. TDABC requires estimates of only two parameters: how much it costs per time unit of capacity to supply resources to activities and how much time it takes to perform each activity. TDABC allows incorporation of variation in the time demands made by different types of processes and consequently the representation of all possible combinations of activities that a process performs. This paper uses TDABC to calculate marketing costs and describes TDABC as a useful technique to reduce marketing resource costs and to support effective marketing decision making in various contexts such as marketing processes restructuring, marketing mix choices, customer profitability and price differentiation for customer classes.

scholarly journals Perceptions Of Customers Regarding Their Expectations Of Service Quality In South African Full-Service Restaurants

2016 ◽  
Vol 15 (2) ◽  
pp. 55
Author(s):  
Petro Naude ◽  
Sharon Rudansky-Kloppers
Keyword(s):  
Service Quality ◽  
South African ◽  
Pricing Strategies ◽  
Graduate Degree ◽  
Different Types ◽  
Waiting Periods ◽  
Levels Of Service ◽  
To Receive ◽  
High Quality Service ◽  
Made In

Full-service restaurants serve different types of customers with preconceived ideas about what they want and expect to receive from the restaurant. During the dining experience, each customer experiences the service differently and subconsciously evaluates the experience differently. The purpose of this research is to determine the expectations and perceptions of customers regarding service quality sub-dimensions at Full-Service Restaurants (FSRs).  A self-administered survey of employees at a tertiary academic institution revealed that waiter professionalism, lack of individual attention, long waiting periods and stock-outs in FSRs are the most important concerns when it comes to the expectations of service quality. The findings of this study analysed a demographic profile (gender, age, home language, highest education qualification, LSM groups) and it was found that demographic category groups differ in the way that they perceive service quality. The study reveals that males tend to be less critical than women, LSM 9 respondents are less critical than LSM 10 respondents and respondents with an undergraduate degree or less are less critical than respondents with a post-graduate degree. The study also reveals a strong correlation between service quality and customer satisfaction. Recommendations include that management must focus on pricing strategies, strategic marketing, waiter training and the flow of communication between the restaurant and the customer. The recommendations made in this study will assist management of FSRs to understand the significance of high-quality service and to implement the required levels of service quality. With this knowledge, the management of FSRs can be assured of a satisfied customer and a competitive offering.

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