23 May EXPLAIN THE BENCHMARKS SELECTED AND THEIR BENEFIT(S) TO YOUR COMPANY.
Write a three to four (3-4) page paper in which you:
1. Summarize the type of manufacturing company you plan to start up and determine how you will design the value chain for your manufacturing company.
2. Describe the type of budget you plan to implement in your company, and outline the budgeting review steps necessary to ensure that your company reaches the financial forecast.
3. Select at least four (4) specific benchmarks you will utilize in your company. Explain the benchmarks selected and their benefit(s) to your company.
4. Explain the type of cost system you plan to implement in your company, and identify any major challenge(s) in implementing your cost system. Suggest a way to overcome the identified challenge(s).
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