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What sorts of decisions do businesses make?

Updated: 9/19/2023
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EncofBizandFinance

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13y ago

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Decisions are made within the business structure about who will produce, how much will be produced, how production will be implemented, how the work will be organized, and how the finished good or service will be made available

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Continue Learning about Accounting

How do computers help businesses?

Managers in business use computers to help them make decisions. Based on data computers computer, managers can make quicker decisions for the business.


What decisions do the user of accounting information make?

The most broadest answer is "investment decision" because any decisions made around accounting information/businesses etc is generally an investment, or the sorts. You might make a decision to invest in the business - as a potential shareholder. You might, as a manager, make decisions whether or not an action is viable, or not. You might make a cost cutting decisions, and pretty much any other business decision - should we change insurers? how is our advertising scheme going? how can we increase productivity? is this worthwhile? how much tax do we have to pay? are we doing things legitimately?


What is the nature and scope of financial accounting?

Financial accounting helps people and businesses manager their money. With better information about financials, managers can make better decisions about the direction of the organization.


Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?

No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.


Characteristics of accounting?

Accounting provides businesses with useful and relevant information. The more accurate the information, the more the business can base business decisions on the information.

Related questions

Do Soviet Union or u.s privat businesses make economic decisions?

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What did the Supreme Court decisions in the slaughterhouse cases do for American businesses?

The decisions showed that businesses have rights.


What kind of economy is one in which individuals and businesses make most economic decisions?

Market.


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How do computers help businesses?

Managers in business use computers to help them make decisions. Based on data computers computer, managers can make quicker decisions for the business.


What decisions do the user of accounting information make?

The most broadest answer is "investment decision" because any decisions made around accounting information/businesses etc is generally an investment, or the sorts. You might make a decision to invest in the business - as a potential shareholder. You might, as a manager, make decisions whether or not an action is viable, or not. You might make a cost cutting decisions, and pretty much any other business decision - should we change insurers? how is our advertising scheme going? how can we increase productivity? is this worthwhile? how much tax do we have to pay? are we doing things legitimately?


Who argued that individuals should own and control businesses and make all the decisions about them?

Adam Smith. CAVA


Who argued that individuals should own and Control businesses and make all the decisions about them.?

Adam Smith. CAVA


What are two entities that make the majority of economic decisions in the free market?

Private households, and Private businesses


Because subjective decisions are based on a person's unique values and beliefs economic decisions .?

Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.


What did the supreme court in the slaughterhouse cases do for American businesses?

The decisions showed that businesses have rights.


What type of businesses need Microsoft Access?

All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.All businesses can use databases, so they all need Access or some other database application. It is not tied to certain kinds of businesses. There are all sorts of uses for databases.