1) Business Strategy (These topics could convince the Board of Directors that the subsidiary can be truly a company that will (not) benefit the corporate group overall.)
2) Managerial Accounting Concepts (You should weave this into a discussion of strategies such as planning and control, product costing, product mix, profit results, cost variances, product margins, return on investment, etc.)
3) Reports and Analysis (You should have a detailed discussion of operations and/or strategy implementation.)
4) Recommendations and Upcoming Adjustments (What would you recommend to do in the coming operation if you advise the board to keep the subsidiary?)
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