This quarter, I am taking a Strategic Cost Management course with Professor Shannon Anderson. Professor Anderson is an expert in performance management and cost accounting, as well as an excellent teacher. Our course is taught through case studies, which gives us the opportunity to understand several industries through cost accounting concepts.
Our first team project is to analyze the cost strategy of a local restaurant. In addition to learning how a restaurant can sustain abnormal returns, the project gave my team an excuse to try delicious new cuisine together. Our team analyzed The Dumpling House, a tasty Chinese dumpling shop walking distance from the GSM. We learned a lot about the inner-workings of a restaurant, and had fun together!