Assignment: Your Decision-Making Process

Added on - 21 Feb 2021

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DECISION MAKING
Table of ContentsINTRODUCTION...........................................................................................................................1Overview of company.................................................................................................................1TASK 1............................................................................................................................................1Role of management accounting techniques in planning, controlling and decision-making......1Critical analysis..........................................................................................................................3TASK 2............................................................................................................................................5Calculation of the ratios to analyse company performance:.......................................................5CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONIn present business scenario, each and every organisation wants to make sound,meaningful and favourable decision related to operations, activitiesand employees which deliverbest results improving overall profitability and productivity of business. In particular, decision-making enables executives as well as other company experts fix problems by analysing possibledecisions and choosing the right path to follow (Zopounidis and Doumpos, 2013). Using just astage-by-step strategy is an effective way to build informed, intelligent choices which have abeneficial effect on the short and long-term objectives of your company. To address the task 1Laing O'Rourke have been selected that support to define the important financial and marketingfunction which are significant in order to manage the department of company. In the task 2 ofproject Alpha Limited has been chosen that help in gaining better understanding of financialstatement. In this report, different ratios are calculated to analysis the financial performance andprofitability of Alpha.
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