Information that a manager need to make a decision
What is the various information that a manager need to make a decision?
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The managers might require information to help them decide whether to:
a) Develop new products or services (as with the computer manufacturer developing a latest range of computers).
b) Raise or reduce the price or quantity of existing services or products.
c) Borrow money to help the financial condition of the business.
d) Raise or reduce the operating capacity of the business.
A company has production facilities in several countries. Some of the products they sell are produced in stages (Raw Materials -> Pre-Assembly -> Assembly -> Finished Product) based on the technologies and materials involved (see Table 1). Q : Functions explain how the provision of explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
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Briefly describe the main purpose of the business?
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