Question: Interactive Learning Discussion Options Menu: Forum 2.1 Learning Outcomes: Describe the process of strategic management and decision making. Discuss types of control systems that managers
Interactive Learning Discussion Options Menu: Forum 2.1 Learning Outcomes: Describe the process of strategic management and decision making. Discuss types of control systems that managers use. Explain the role of accounting information in strategic management. Explain what information is relevant for decision making. Discuss how business risk affect management decision making. Discuss how biases affect management decision-making. Analyze how managers make higher-quality decisions. Explain what is ethical decision making, and why is it important. 2.2 Action Required: Read the following to prepare for this week: Cost Management, Chapter 1 Watch the short video in the following link Financial Accounting (Explanation) What is Cost Accounting? Understanding Cost Accounting 2.3 Test Your Knowledge (Questions): Analyze how managers make higher-quality decisions. 2.4 Instructions: Answer the question asked in test your knowledge section. Post your answer in the discussion board using the discussion board link below (Week 2: Interactive Learning Discussion)
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