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Role of cost accounting in managerial decision making?

Role of cost accounting in managerial decision making?"


What was the importance of Washingtons decision to cross the Delaware river?

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What are some key examples of learning from mistakes in history and how have they influenced present-day decision-making?

One key example of learning from mistakes in history is the Great Depression of the 1930s. The economic policies implemented during that time, such as increased government intervention and regulation, have influenced present-day decision-making in terms of economic policy and financial regulation. Another example is the failure of the Bay of Pigs invasion in 1961, which led to a reassessment of intelligence gathering and decision-making processes in the US government. These historical events have influenced present-day decision-making by highlighting the importance of learning from past mistakes and making more informed and strategic choices.


Why is it called calculus and what is the significance of the name in the field of mathematics?

Calculus is named after the Latin word "calculus," which means "small stone" or "pebble." The significance of the name in mathematics is that calculus involves breaking down complex problems into smaller, more manageable parts, similar to how pebbles are small components of a larger whole. This method of analysis and problem-solving has revolutionized mathematics and science, making calculus a fundamental tool in various fields of study.


Can you explain the significance of the quote 'lose the battle, win the war' in the context of strategic decision-making"?

The quote "lose the battle, win the war" signifies the importance of sacrificing short-term goals for long-term success in strategic decision-making. It emphasizes the idea of strategic thinking and planning for overall victory, even if individual battles may be lost along the way.

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Advantages of a decision making unit?

importance of the decision making unit


What are the importance of quantitative methods in decision making?

what are the importance of quantitative techniques in managerial dicision making


The importance of each of the four steps in a simple decision-making model?

explain the importance of each of the four steps in a simple decision-making models?


Importance of decision making?

The importance of decision making is that it helps in planning for the next course of action. In business, good decisions will yield great returns on investment.


Explain the importance of each of the four steps in a simple decision-making model?

explain the importance of each of the four steps in a simple decision-making models?


What is the importance of studying calculus?

Calculus was invented to solve physics problems, so the importance of studying calculus is to solve physics problems.


What is the importance of data in decision making?

The importance of data in decision making is to make sure the decision you are making or about to make, is the correct one. If you have studies going on what will have a best outcome with each set decision, and there is data shown that the set solutions are not good solutions, then you have a decision to find a better solution. its to make sure you are making the best choice


What is the Value of ratio analysis to the strategic decision making of an organization?

Importance of financial ratio analysis on investment decision making?


What is the importance of calculus?

50 APPLICATIONS OF CALCULUS


What is importance about calculus?

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Discuss the importance of measuring variability for managerial decisions?

discuss the importance of measuring variability for managerial decision making


What is the importance of accounting information to managers?

To facilitate decision making and effective managing of the business.