What Role Has the Increasingly Competitive Business Environment Played in the Development

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The Answer is The competitive environment has changed dramatically. There has been a deregulation movement in North America and Europe during the 1970s and 1980s that changed the ground rules under which service companies operate.
In addition, organizations encountered severe competition from overseas companies that offered high-quality products at low prices. There has been an improvement of operational control systems such that information is more current and provided more frequently. Employees need better management accounting information and accurate and timely information to improve the activities they perform and to make decisions. Employees also want innovations in management accounting information. Nonfinancial information has become a critical feedback measure. Finally, the focus of many firms is now on measuring and managing activities.

What Role Has the Increasingly Competitive Business Environment Played in the Development

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What Role Has the Increasingly Competitive Business Environment Played in the Development

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Correct Answer:VerifiedShow Answer

Correct Answer:
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