Accounting Information as a Basis For Managerial Decision-Making (A Case Study Of Kam Wire Company Limited, Ilorin)

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Abstract

Management is the aspect of a business which relates to making policies, developing programmers, setting standards, applying to financial, physical, human resources, maintaining plant and equipment, supervisory, labour and clerical forces at a maximum efficiency.

 In a nutshell, management involves setting goals and directing people and other resources in the accomplishment of the enterprise goals.

In discharging its inherent duties and responsibilities, management the task of choosing every part of an organization. For example, from a list of proposed capital expenditure the management must select those that provide the most promising profit opportunities .Decision making is very basic that no management function can be performed without it. It is a continuous process that cut across all organizational activities. In word, decision is needed in planning, organizing, actuating, staffing directing and control.

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APA

Frontiers, E. & Deborah, F (2021). Accounting Information as a Basis For Managerial Decision-Making (A Case Study Of Kam Wire Company Limited, Ilorin). Afribary. Retrieved from https://afribary.com/works/accounting-information-as-a-basis-for-managerial-decision-making-a-case-study-of-kam-wire-company-limited-ilorin

MLA 8th

Frontiers, Edu, and Fayomi Deborah "Accounting Information as a Basis For Managerial Decision-Making (A Case Study Of Kam Wire Company Limited, Ilorin)" Afribary. Afribary, 14 Dec. 2021, https://afribary.com/works/accounting-information-as-a-basis-for-managerial-decision-making-a-case-study-of-kam-wire-company-limited-ilorin. Accessed 24 Jan. 2022.

MLA7

Frontiers, Edu, and Fayomi Deborah . "Accounting Information as a Basis For Managerial Decision-Making (A Case Study Of Kam Wire Company Limited, Ilorin)". Afribary, Afribary, 14 Dec. 2021. Web. 24 Jan. 2022. < https://afribary.com/works/accounting-information-as-a-basis-for-managerial-decision-making-a-case-study-of-kam-wire-company-limited-ilorin >.

Chicago

Frontiers, Edu and Deborah, Fayomi . "Accounting Information as a Basis For Managerial Decision-Making (A Case Study Of Kam Wire Company Limited, Ilorin)" Afribary (2021). Accessed January 24, 2022. https://afribary.com/works/accounting-information-as-a-basis-for-managerial-decision-making-a-case-study-of-kam-wire-company-limited-ilorin