PDF-Economic Decision Making Using Cost Data (Managerial Accounting)

The Benefits of Reading Books. ECON 6313. Managerial Economics. Fall semester, . 2009. Professor . Chris Brown. Outline. What is managerial economics and why should you study it?. Examples of managerial decisions. Six steps to decision making. UNIT – I. 1. . DEFINING THE MANAGERIAL JOB. 1.1. Descriptive Dimensions of Managerial Jobs . 1.2. Methods . 1.3. Model . 1.4. Time Dimensions in Managerial Jobs . 1.5. Effective and Ineffective Job behavior . Remuneration. INTRODUCTION. Section 197 & Chapter XIII of the Companies Act,2013 deals. According to section 197 of the Companies Act 2013 total remuneration to be paid to directors, manager and managing director should not exceed 11% of the net profits. . Introduction. Information, Decisions, and Management. Decision Support Technologies. OLAP and DSS. DSS Applications in Corporate Functional Management. Practitioners of Management Science. Achieving Success with Analytics. Prologue. Financial and Managerial Accounting: Seven Key Differences. Work of Management. . Planning. Decision . Making. Controlling. Planning. Establish Goals. Specify How Goals . Will Be Achieved. Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. DDDM. “The practice of basing decisions on the analysis of data rather than purely on intuition.”  Equally succinctly, data science “as the connective tissue between data-processing technologies (including those for . VHA Office of Finance – Managerial Cost Accounting Office. 1. 2. Objectives. Managerial Cost Accounting (MCA). What it is and why we have it. Understand basics of the Decision Support System (DSS). . . Dr . harshdev. . verma. , department of commerce , . d.d.u.gorakhpur. university . gorakhpur. . .. It is used in a variety of organizations to solve many different types of problems . It encompasses a logical mathematical approach to problem solving. Mathematical tools have been used for thousands of years. Week -1. Prepared by: Dr . Waqar. Ahmad, . Asstt. . Prof.. Learning Objectives. What is Economics?. What is managerial Economics?. To analyze the concept of economics- scarcity and efficiency?. Micro Economics and macro economics?. DR. MRIGANKA DE SARKAR. ASSOCIATE PROFESSOR OF ECONOMICS. CONTACT: et_mit@yahoo.co.in. Monopoly: Why?. Natural monopoly (increasing returns to scale), e.g. (parts of) utility companies?. Artificial monopoly. Steve Traubert. Rebecca Herbig. Capacity. What is Capacity?. The ability to:. Take in and effectively process information;. Make an informed decision; and. Communicate your decision. CAPACITY IS PRESUMED!. Course Code: F010101T. By:. Dr . Pravin. Kumar Agrawal. Assistant Professor. School of Business Management. CSJM University Kanpur. Course Outcomes. The aim of the course is to build knowledge and understanding business economics among the...