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This poses a potential challenge for the management to efficiently handle the underlying information base.
In addition, SSC has faced major changes in its customer base and their product expectations. There is a greater emphasis on inspections and quality control, reinforcing the need for an elaborate information management system. It appears that the full potential of SSC profitability is not being realised due to reliance on an outdated information and cost accounting model.
The objective of this report is to elucidate the method of integrating SSC operational processes, information and cost accounting aspects through ABC, thus aligning them with their competitive strategy...
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