Key areas which business objectives want to achieve
Write a short note on the key areas which business objectives want to achieve?
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The major wants are as follows:
a) Specified share of percentage of the market in which the business competes.b) Rise in the customer satisfaction.c) Rise in worker satisfaction.d) Enhancements in internal business processes.e) High standards of ethical behavior in the dealing of business.
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Define Process and Process Costing: Process: The organized process of transforming inputs (that is, people, equipment, techniques, materials, and atmosphere), to outputs (that is, products or servi
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
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