30) Explain how a budget can help management implement strategy.
31) Jayhawk Basketballs manufactures and distributes rebounding equipment. The company is having a problem coordinating its marketing and production efforts. Every time marketing has a special promotion in a certain part of the country, production either cannot deliver the products or distribution has them in the wrong part of the country. In addition, the company has had several production stoppages due to insufficient raw material stock at the manufacturing plant.
In terms of the information system, what appears to be the main problems? What action can be taken to improve the situation?
32) Briefly explain the planning and control activities in management accounting. How are these two activities linked to each other?