Task assignment: Good to Great….Assignment 1. Explain how the book Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins relates to the use of accounting information by top managers.

Good to Great….Assignment

1. Explain how the book Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins relates to the use of accounting information by top managers.

2. Describe the most important things you learned from reading Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins.

3. Explain the strengths of Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins.

4. Explain any weaknesses of Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins and your recommendations for eliminating such weaknesses.

5. Explain how an organization that is going from good to great would modify its budgeting process. (See pages 140 and 141.)

6. Explain how an organization would use managerial accounting to provide the brutal facts of an organization’s current reality that it must confront if it is to become a great organization. (See pages 13 and 79.)

7. Explain how a culture of discipline reduces the need for controls and managerial accounting reports relative to the control function of management. (See page 13.)

8. Explain how a company that is going from good to great would use the performance evaluation function with information provided by the managerial accounting system. (See pages 49-52)

9. Explain how managerial accounting can provide insight into how an organization can most effectively generate sustained cash flow and profitability. (See pages 95 and 96.)

10. Explain how a company that is going from good to great would make decisions about acquiring technology and how this would affect the information provided in making these decisions by the managerial accounting system. (See Chapter 7.)

11. Explain how you will or could apply what you learned from reading Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins in your career as a manager. Be specific and give examples. This part of your book report should be substantial.

12. Explain how Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins related to any other books you have read, if any. Give the exact titles and the names of the authors of these other books. If you have not read any other books, please state that fact.

13. List any additional books that you plan to read in the next year as a direct result of reading Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins. Please give the exact titles of the books and the names of the authors.

14. Explain how reading Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins has changed your perspectives on the role of top management and managerial accounting.

I affirm that I read the entire book Good to Great: Why Some Companies Make the Leap . . . and Others Don’t by Jim Collins that is the subject of this book review. I affirm that the book review is my own group work. We did not copy or paraphrase from any other review of this book. We wrote the book review without help from anyone other than my team members. We understand that violating these rules will result in a course grade of F.

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