Discuss one application of this concept in your current work

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Reference no: EM133705017

Homework: Forecasting & CBA

As you're learning in Homework, a key technique in managerial accounting/finance is the use of "Cost Benefit Analysis" to help management make better business decisions.

1) Discuss one application of this concept in your current work environment (examples might include make vs. buy, plant location, new product or packaging, downsizing, acquisition/divestiture, etc.).

2) Discuss a variable or assumption within the project where the data was difficult to obtain - and what you did to develop a reasonable assumption for the project economics.

3) Additionally, share or create one example where using financial data and cost benefit analysis that did, or could have, led to a better decision.

Reference no: EM133705017

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