Evaluation:
Published: 23.04.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Texas Eastman', 1.
  • Essays 'Texas Eastman', 2.
  • Essays 'Texas Eastman', 3.
  • Essays 'Texas Eastman', 4.
Extract

Texas Eastman Company
Objectives
To illustrate how financial profitability measures can be used by workers to manage day-to-day operating decisions.
Understand how to push down profitability information to empower employees.
Know the design and information-processing prerequisites for daily profitability analysis.
Appreciate the role of finance staff experts in preparing profitability analysis.
Case Background
The Texas Eastman case provides an excellent opportunity to discuss how financial measurements can support a company's Total Quality Management program. …

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