decision making ability means who can do decision right in right time.main theme of decision is don't be late.
Marginal costing is one of the technique of costing and is usefull for the decision making process. As in decision making process decision are always made for the future activities and not for past activities so if exept marginal costing any other costing method for example absorption costing method is used then there is a chance of making wrong decisions as in future decision making past decision and past data is not relevent for decision making.
NO, its cost which was wasted in past we can not recover it so it is not relevant for decision making.
Relevant cost is that cost which is required for the specific decision making process or the cost which will be change due to specific decision while irrelevant cost has no concern with decision making or any specific decision.
One quality that makes accounting good for decision making is the fact that it is reliable. Another reason accounting is good for decision making is the fact that the numbers have to be consistent, so it is easy to interpret.
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What do you mean by decision-making
what does consensual decision making mean
Decision making is deciding things.
decision making
A strategist in my opinion is someone who has heighten anticipatory skills due to years of refining that ability. This resultsin acute decision making ability and excellent judgement. A strategist in my opinion is someone who has heighten anticipatory skills due to years of refining that ability. This resultsin acute decision making ability and excellent judgement. A strategist in my opinion is someone who has heighten anticipatory skills due to years of refining that ability. This resultsin acute decision making ability and excellent judgement. A strategist in my opinion is someone who has heighten anticipatory skills due to years of refining that ability. This resultsin acute decision making ability and excellent judgement.
The three elements of decision are; 1) Ability 2) Will 3) Knowledge
In capable of making wise decision
There are many aspects of the decision making process that fit the description of a rational choice. One aspect is the ability to see the usefulness of it.
Decision-making skills generally refer to being decisive or making choices easily and effectively. This involves identifying the purpose of your decision, weighing your options, looking for alternatives, brainstorming, making and executing your decision, and evaluating the results or consequences.
Decision-making skills generally refer to being decisive or making choices easily and effectively. This involves identifying the purpose of your decision, weighing your options, looking for alternatives, brainstorming, making and executing your decision, and evaluating the results or consequences.
ability to make decisions when there r 4- 6 alternatives available.
Autonomy involves the degree of freedom, independence, and decision-making ability the employee has in completing assigned tasks.