Allocating resources in decision making process
Write down a short note on the Allocating resources in decision making process?
Expert
Allocating resources: Resources accessible to a business are restricted and it is the responsibility of managers to try to make sure that they are employed in an efficient and valuable way. Decisions regarding such matters as the optimum level of output, the optimum mix of products and the suitable kind of investment in new equipment will all need management accounting information.
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
A) A partnership may be formed either expressly or impliedly, and in each case all the circumstances should be examined in order to ascertain: The intention of the parties; Whether there has been a
Normal 0
Responsibility Center: It is an organizational unit headed by the manager or a group of managers who are responsible for its actions. The responsibility centers can be measured as revenue centers (that is responsible for revenue or sa
Briefly describe the main purpose of the business?
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
How to make a VAT entry in books including set off?
Write a short note on the key areas which business objectives want to achieve?
What do you mean by the term SWOT analysis? Explain in brief?
18,76,764
1936890 Asked
3,689
Active Tutors
1420272
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!