Answer All Questions
1) How do managers use the concept of cost-benefit for capital budgeting during the performing phase of the management process?
2) Discuss how differentiating between activities that add value and those that do not add value enhance the relevance and reliability of manager information?
3) How do managers use the concept of cost benefit for short-run decisions during the planning phase of the management process?
4) How do managers use the concept of cost-benefit for the short-run decisions during the evaluating phase of the management process?