A strategic management accounting review on single focus businesses

The following notes based on Ward (1993) cover the topic of Single focus business supported by strategic management accounting:

Note 1

Note 2

Note 3

In short, different market segments in the "single-focus" company's business portfolio require different financial performance measures and different management accounting function support. This theme of different financial performance measures for different internatl/ external situation has been much discussed in the strategic management accounting (SMA) literature, e.g. in balanced scorecard and strategic cost management references.

It appears useful to study the literature on product life cycle management to gain a better understanding of this topic of SMA review on single focus businesses. In this case, pls also refer to: http://josephho33.blogspot.hk/2012/08/product-life-cycle-management-study.html



Reference
Ward, K. (1993) "Chapter 9: Single focus businesses" Strategic Management Accounting, Butterworth-Heinemann.