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Sagot :
Allocated common costs are sometimes avoidable and/or relevant to a decision.
What Is Decision-Making?
It is acceptable to argue that management is nothing more than a continual process of decision-making if we have to define decision-making in the context of the workplace. Business managers are in charge of making operational choices and seeing that their staff carry them out. In actuality, every manager's ability to make decisions is a key factor in determining success.
The skill of decision-making is essential to the process of company planning. Managers must make a number of decisions during the planning phase, including establishing organizational goals. They select important items, marketing tactics, job descriptions, and deadlines for each activity. When the plans fail to produce the expected results or are derailed by outside factors or poor execution.
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