For managers speaking and writing skill is a vital necessity their environment is primary involved with language and communication in view of this statement give a detailed illustration of how an effective communication process can aid organisation's such as Nike succeed, to enhance your answer use practical examples to motivate your response

For managers speaking and writing skill is a vital necessity their environment is primary involved with language and communication in view of this statement give a detailed illustration of how an effective communication process can aid organisation's such as Nike succeed, to enhance your answer use practical examples to motivate your response

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 1Q: Carlita believes an important part of the planning process for managers is being sure to position...

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Organisations exist to create value either for their owners and (or) stakeholders. Management accounting information can help managers make effective and efficient use of organisational resources to create maximum value by facilitating and influencing decision-makings.In decision-facilitation, the management accounting information provides relevant information and (or) knowledge to decision makers to make informed decisions. The management information can also influence decision making by incentivise desired actions from decision makers to make decisions that are in line with maximising organizational value.Question: 1. Comment on whether the quality of the management accounting information you have described achieve the objective of maximizing the firm value. Your comment on the quality of the management accounting information should be based on the attributes of accuracy, timeliness and cost of producing the information2. Discuss possible improvements to the quality of the management…
Organisations exist to create value either for their owners and (or) stakeholders. Management accounting information can help managers make effective and efficient use of organisational resources to create maximum value by facilitating and influencing decision-makings.In decision-facilitation, the management accounting information provides relevant information and (or) knowledge to decision makers to make informed decisions. The management information can also influence decision making by incentivise desired actions from decision makers to make decisions that are in line with maximising organizational value.Question: Discuss possible improvements to the quality of the management accounting information that the company can adopt.
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