COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a ‘Strategic’ decision?
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Increase price of plastic bags to 20p across
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Arrange for uplifting of bins
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Open 5 new stores across the UK over the next 2 years
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Hire new supervisor for Paisley store
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Explanation:
Detailed explanation-1: -Strategic decisions examples are varied. For instance, when a company wants to launch a new product, considering factors like the cost of making the product and the target market is strategic decision making.
There is 1 question to complete.