Once refreshed go through the case solution again - improve sentence structures and grammar, double check the numbers provided in your analysis and question your recommendations.
This new cost system does not only account for the cost associated with the production, but also measures the special components costs, and order processing cost that will help the company to identify the actual cost of production related to the all mixed products complex situation.
Similarly, the cost was related to the inventory handling, purchasing, receiving, product development as well. Proper costing system gives the proper cost of product manufactured; otherwise unknowingly company is on loss, or break-even.
This is just a sample partial case solution. Focus on the following - Zero down on the central problem and two to five related problems in the case study. You should try to understand not only the organization but also the industry which the business operates in.
The next step is organizing the solution based on the requirement of the case. This leads to unstructured learning process resulting in missed details and at worse wrong conclusions.
The strategy did not work, as some problems appeared in traditional costing system, where it could not capture the relation between the increased support costs, and the change in product mix. Brushing up HBR fundamentals will provide a strong base for investigative reading. Take a small break, grab a cup of coffee or whatever you like, go for a walk or just shoot some hoops.
This would have led the company towards making loss, until it would reach the point of identifying it. This leads to either missing details or poor sentence structures.
It also provides starting ideas as fundamentals often provide insight into some of the aspects that may not be covered in the business case study itself. However, the question arises as to how could a company reduce its cost to capture the market, when it does not know the actual cost of production.
Implementation framework helps in weeding out non actionable recommendations, resulting in awesome Siemens Electric Motor Works A Abridged case study solution.
For example you can recommend a low cost strategy but the company core competency is design differentiation. When we are writing case study solution we often have details on our screen as well as in our head.
Implementation framework differentiates good case study solutions from great case study solutions. Thus, it was necessary to come up with the actual cost to find ways to reduce it, otherwise the company could be in loss or break-even.
Business case study paragraph by paragraph mapping will help you in organizing the information correctly and provide a clear guide to go back to the case study if you need further information.
Often readers scan through the business case study without having a clear map in mind. Some of the major expenses were left behind, such as cost related to order processing, and costs related to the special components.
You have to recommend business unit level recommendations. Time line also provides an insight into the progressive challenges the company is facing in the case study.
Evaluate each detail in the case study in light of the HBR case study analysis core ideas.Siemens Electric Motor Works (A): Process-Oriented Costing Case Solution, Explore how a system cost can help support a company's decision to change strategy.
In the process, students are introduced to a system cost for the simple. Siemens Electric Motor Works (A) and (B) (Combined) Case Solution,Siemens Electric Motor Works (A) and (B) (Combined) Case Analysis, Siemens Electric Motor Works (A) and (B) (Combined) Case Study Solution, Examines the cost of the system can help support a firm's decision to change strategy.
In the process, students are introduced to simple activity based cos.
Siemens Electric Motor Works (A) (Abridged) Case Solution,Siemens Electric Motor Works (A) (Abridged) Case Analysis, Siemens Electric Motor Works (A) (Abridged) Case Study Solution, Examines the cost of the system can help support a firm's decision to change strategy.
Home» Siemens Electric Motor Works (B): Pricing Interdivisional Sales Siemens Electric Motor Works (B): Pricing Interdivisional Sales HBS Case Analysis This entry was posted in Harvard Case Study Analysis Solutions on by Case Solutions.
Siemens Electric Motor Works (A) (Abridged) is a Harvard Business (HBR) Case Study on Finance & Accounting, Fern Fort University provides HBR case study assignment help for just $ Our case solution is based on Case Study Method expertise & our global insights. Siemens Electric Motor Works - 4 Two years after the change in strategy, problems with the traditional cost system became apparent.
Management’s concern with the traditional cost system was its inability to capture the relation between the increased support costs and the change in product mix.1/5(2).Download