Question: Decision making is managements most important function. Do you agree? Why or why not?

“Decision making is management’s most important function.” Do you agree? Why or why not?


Step by Step Solution

★★★★★

3.41 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Disagree Decision making is not a separate ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

47-B-M-A-C (68).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

Do you agree that this course is the most important course in the business school? Isnt accounting more important? No business can exist without accounting. Or isnt management more important? After...

Q:

Do you agree with upscale retailers' decision not to provide in-store shopping carts? What realistic alternatives would you suggest? Explain your answers.

Q:

Why do you think decision making is considered a fundamental part of management effectiveness?

Q:

Habib Gulzar is planning to open new production line in Kabul, where they are going to produce variety of juices. They are hiring staff for the production unit like workers, cost accountants,...

Q:

15.4 Decision making is managements most important function. Do you agree? Why or why not?

Q:

Question 1 (Management Accounting Basics) 20 Marks Answer the following Questions briefly: 1) Explain the field and substance of managerial accounting 2) "Decision making is management's most...

Q:

Habib Gulzar is planning to open new production line in Kabul, where they are going to produce variety of juices. They are hiring staff for the production unit like workers, cost accountants,...

Q:

Question 6 (10 Marks) Decision making is managements most important function. How does Management Accounting help in effective planning and decision making? (8 marks)

Q:

ACCT212 SEM 191 - ASSIGNMENT MODULE THEORY QUESTIONI A. a) "Managerial accounting is a field of accounting that provides economic informa interested parties." Do you agree? (b) Abdullah believes that...

Q:

Title "Decision-making is management's most important function." Do you agree? Why or why not? Explain the Description "Decision-making is management's most important function." Do you agree? Why or...

Q:

Last year, Triple Cities Corp. adopted a standard cost system. Labor standards were set on the basis of time studies and prevailing wage rates. Materials standards were determined from materials...

Q:

Show that, for the differential equation ( d2y/dx2 +a(x)dy/dx+ b(x) y =0 ) e^mx is a particular integral if m^2 + am + b =0 . Hence find the value of m so that e^mx is a particular integral of the...

Q:

condensed income statement for Gilbert, Incorporated follows: \ table [ [ Products , F , G , H , Total ] , [ Sales ( total ) ] , [ Total Unit - Level Costs,$ 3 0 0 , 0 0 0 ( 1 6 0 , 0 0 0 ) , $ 1 9 0...

Q:

In the reading of Gilgamesh and Odysseus, the journey of the epic hero is pivotal from the narrative as well as mythical standpoint. The cause and consequence of the journey may provide clues to an...

Q:

Phong is an insurance agent and he previously met with his client, Tuyen, to complete a life insurance application. The underwriting process is now complete and the policy has been approved and sent...

Q:

Can a piperidine structure be written without a Hydrogen attached to Nitrogen? What are the possible structures?

Q:

Paul McCartney and John Lennon, the two ex-Beatles, were infamously known for their constant arguments over each others compositions. John had expressed his strong dislike towards Pauls composition...

Q:

Figure 4-34 (page 197) shows an EER diagram for a restaurant, its tables, and the waiters and waiting staff managers who work at the restaurant. Your assignment is to: a. Develop a relational schema....

Q:

A single-phase, 500-kVA, 440/120-V transformer feeds service loads via bus duct with two bus bars, each 1/2 3 in. in cross section and spaced in. apart. An electrical system study has concluded...

Q:

Manning Plumbing Company is a newly formed company specializing in plumbing services for home and business. The owner, Peyton Manning, had divided the company into two segments: Home Plumbing...

Q:

Brees Company has two production departments, Fabricating and Assembling. At a department managers meeting, the controller uses flexible budget graphs to explain total budgeted costs. Separate graphs...

Q:

Bush Companys organization chart includes the president; the vice president of production; three assembly plantsNew Orleans, Houston, and Mobile; and two departments within each plantMachining and...

Q:

Help with question d > Next question Get a similar question You can retry this question below The amount of time that people spend at Grover Hot Springs is normally distributed with a mean of 61 ents...

Q:

In PowerPoint, which of the following terms describes different color and font combinations? ( Select the correct answer ) graphics variants thumbnails templates

Q:

MET 120 - Computer Aided Drafting-HW #01 3. Using the ruler provided, determine the scale that should be indicated on the drawing for the following objects. (10 points) -5.00 - 3.00 - Scale = T 3.00...