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Policy Making vs Decision Making Between Policy Making and Decision Making there is subtle difference which many of us fail to apprehend. This is because, aside from hearing the terms Policy Making and Decision Making via news or other sources, we are not familiar neither are we properly acquainted with the meaning of each term. […]
Management Accounting vs Cost Accounting Management accounting and cost accounting are of great importance to any business, as both forms of accounting help in the decision making process when analyzing how best to allocate a company’s scarce resources. Cost accounting is a crucial part of management accounting and makes up a vital component in managing […]
GDSS vs DSS GDSS and DSS are computer based information system that may assist decision making processes within a group, company or office. By using GDSS and DSS, the company can speed up decision making process allowing more time for employees to focus on particular issues. Learning and training can be promoted through this system. […]
决策与问题olving Decision Making and Problem Solving are two key management functions. It is customary to see the managers of companies to get involved in decision making and problem solving. Problem solving involves defining the problem. The problem is defined by asking a few questions such as ‘what causes you to think […]
