Here is the synopsis of our sample research paper on Lean Production and Accounting Practices. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This is a 3 page paper that provides an overview of lean production. The differences in accounting practices in lean organizations are explored. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: KW60_KFleanp2.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. Lean Production and Accounting Practices , 2/2011 --for
more information on using this paper properly! Accounting is far and away one of the most crucial aspects of effective business practice. Without ongoing accounting processes in place to
refine various aspects of an organization, it is not possible for an organization to operate at peak efficiency. In todays business environment, where competition is fierce and ever-present, this is
a very real concern. The difference between an organization that operates efficiently and turns a profit and an organization that operates slightly less efficiently and is forced to close can
be as slight as a small difference in accounting practices. That said, accounting can take many different forms beyond basic financial accounting. On a more fundamental level, accounting has to
address managerial decisions and costs, which are in turn informed by an organizations basic approach to production. This paper will explore the principle of lean production, and the effect it
has upon managerial and cost accounting practices. This paragraph helps the student give a brief overview of the company in question. The Best, Inc. is a small-scale manufacturing firm that
specializes in the production of high-quality coffee machines; operating under the slogan, "Only the Best", the organization strives to produce the most technologically advanced, finely tuned machines on the market,
for the discriminating coffee drinker. As such, the organization adopts a production process that is centered on the principles of lean production. Given that the coffee machines produced by The
Best, Inc. are generally more costly than those available in the average department store, and are marketed towards a specific niche demographic, the company cannot and should not hope to
...