Role of cross culture in strategic decision making
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Applications of marginal costing
Cost control: in marginal costing there is fixed cost as well as variable cost . ...
Evaluation of performance: it helps in evaluating the performance of each sector of concern.
Profit planning: profit increased and decreased due to change in selling price, variable cost etc. marginal cost helps in profit planning.
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Culture in strategic decisions. ... Cultural logic refers to the understanding of a culture's fundamental beliefs, the ways that those beliefs interact with each other by generating new information, and with the perceived desirability of alternative actions.
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