Implementing a wireless network to reduce non-value added paperwork and improve inventory tracking would result most directly from:
A) Target costing
B) Kaizen costing
C) Value chain analysis
D) Life cycle budgeting

Question

Quizplus · Accepted Answer

Value chain analysis involves identifying activities that add value to a product or service and eliminating those that do not. Implementing a wireless network to reduce paperwork and improve inventory tracking would streamline processes and eliminate non-value added activities, making it a direct result of value chain analysis. Target costing, kaizen costing, and life cycle budgeting are more focused on cost management strategies and do not directly relate to improving processes or inventory tracking.

Implementing a Wireless Network to Reduce Non-Value Added Paperwork and Improve