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Critically evaluate the use of conventional management accounting systems based on Anthony’s framework to assess company’s performance. Discuss its advantages and disadvantages in the light of today’s competitive environment.

Critically evaluate the use of conventional management accounting systems based on Anthony’s framework to assess company’s performance. Discuss its advantages and disadvantages in the light of today’s competitive environment. In your answer, make use of evidence from the case studies provided in the lectures/seminars but also from your own independent research.

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