Tag Archives for " decision making "

Keep or Drop: Discontinuing products, departments, and locations

Sometimes when a business sees that a product, department, or location is losing money, the first reaction is to shut it down. Discontinuing operations is a decision that should only be taken after careful

Learn More

Short-term decision making and relevant information

Managers make lots of short-term decisions. We will begin looking at how managers make decisions and how to determine if information gathered is relevant to the process. The decision making process When

Learn More

What is managerial accounting?

After taking financial accounting, many students dread the idea of another semester of journal entries, debits, and credit. Fortunately, managerial accounting is very different from financial accounting.

Learn More
>