Describe THOUGHTFULLY why it is important to understand the cost drivers and the types of cost behavior, as well as the components to managerial decision making. (At least one paragraph).
5b. Describe THOUGHTFULLY how you learned to understand the cost drivers and the types of cost behavior. Give ONE example from your personal experience of the learning process. (At least one paragraph).
5c. Discuss in at least two WELL-DEVELOPED paragraphs your ORIGINAL personal insights about understanding the importance of the cost drivers and the types of cost behavior that influence managerial decision making.
5d. Did this learning outcome change the way you thought about the topic? Now that we covered the topic, was it valuable or should it be changed? Justify your answer.?