Differential analysis, managers are responsible for making decisions. The ability to make good decisions requires that managers assess the alternatives. Six key concepts for decision making are listed on page 571 of your Garrison text; they are:
Making decisions can be challenging. Managers spend much time and energy in making decisions, such as whether to make or buy components, relocate plants to new locations, even abroad, close plants or segments, accept special orders or offers, etc. How well the organization makes decisions determines an organization’s profitability and success.
In the Unit 8 Discussion, you should begin to understand how decisions are made before working in an organization. You should appraise the decision making process that occurs in organizations similar to SAS above wherein the company chooses to invest in its workforce by providing work-life balance for employees, libraries, use of green technology, etc.
As you formulate your initial post, select another company to research similarly. Perhaps select a company in which you hope to obtain a job. What characteristics about the company’s organizational culture and corporate philosophy appeal to you? What alternative companies did you consider and why? Can you identify whether the company’s decision making is more quantitative or qualitative? Are any costs or benefits for the resulting culture in the organization shown in their financial statements? Or if you found another source for relevant information, please identify and cite sources. Where did you conduct the research?
For decision-making purposes, distinguish the purpose of the two areas of accounting (financial and managerial accounting). Appraise each area and explain where relevant information for the company can be obtained for decision-making purposes. In your post, provide and cite any reports with relevant differential information in the Unit 8 Discussion forum.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more