P3 Mastering Relevant Costs for Better Decision-Making ๐
Learn how to identify relevant costs and apply them to make informed business decisions. Explore key concepts and practical insights to enhance your cost analysis skills.
Action on Line
33 views โข May 14, 2014
About this video
More informations on : http://www.actiononline.fr/parcours/analyse-des-couts-et-prise-de-decisions/ <br /> <br />Learning goals: <br />1- Define the relevant cost. <br />2- Use the right costing method(s) for the decision to be taken. <br />3- Make the right decision. <br /> <br />Chapters <br />- Making the right decision <br />- Using full production capacity <br />- Reducing selling price <br />- The Make-or-Buy decision <br />- Dropping a business line or market sector <br />- Setting the selling price for a new business <br />- Choosing the appropriate method <br />- Quiz - Relevant cost and decision-making <br /> <br />A word from the author <br />"How can you take an important operational decision (setting selling prices, making or buying, hiring or firing, discontinuing or launching a product range) without understanding the cost implications? <br />This module addresses that very question: there is a cost that is relevant to each decision; from the relevant cost you can work out which costing method to use to assess profitability and make the right decision."
Video Information
Views
33
Duration
3:41
Published
May 14, 2014
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