Want this question answered?
happiness can not be measure.
Accounting professionals can help executive managers set the direction for the company through budgets. Their expertise will help managers guide the organization financially.
Yes. They might be the optimum answer you are lookiing for. Yes. They might be the optimum answer you are lookiing for.
they could get voted in
groupthink
In business there is no room for ethics. --------------------- An example might be a situation where the law allows you to work your labor for a virtually unlimited number of hours. It's legal but not ethical. Another example might be firing workers who were injured on the job, may be legal but not ethical. Another example, paying women lower pay for the same work, just because they are women. Legal in many cases but not ethical.
In business the need to perform, the need to succeed, and other factors sometimes pressure otherwise ethical acting individuals to do things they shouldn't do. Financial pressures can cause a business person to do things that aren't ethical. Sometimes the intentions are to fix it later but sometimes that doesn't happen. It can be hard to admit failure and making some ethically questionable decision or actions might seem to be a possible solution.
Cost-benefits analysis
groupthink
A management accountant might contribute to a formal decision making process by ordering feasibility studies. A management accountant can also tell everyone how much things will cost and how much profit can be made.
If you do not study all the choices you might overlook the best one.
A decision making grid