Selecting strategic options and formulating the plans
Write a short note on selecting strategic options and formulating the plans?
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The business will choose what emerges to be the best of courses of action or policies obtainable. Whenever making a selection, the implications of the selection for the mission and goals must be considered as, at times, they might need some adjustment. The policies chosen will offer the general manner forward however a plan will be needed to specify the specific activities which must be taken. This on the whole plan will generally be broken down into a sequence of plans, one for each and every element of the business.
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Write down a short note on the Performance evaluation and control in decision making process?
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Briefly illustrate the general role of accounting?
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
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