... in place. Small businesses may need to substitute “product lines” for “business segments” in answering the questions.Chapter 1 Introduction to Cost and Management Accounting in a Global Business ... financial plans, and engaging in investor relations.Financial Accounting compiles, analyzes, and providesfinancial information to group management in respect to domestic and international operations ... demand. In the 1990s, for example, GM’s inability to move quicklyleft it way behind in various high-profit truck segments. And savings on engineering and tooling costs translatedirectly into profit.Central...