How management accountants can respond effectively

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Reference no: EM132721317

The rapid spread and acceptance of globalization and the enormous developments in information technology, has led to dramatic changes in the business environment. These changes have brought new challenges not only to business but also to business education. Business schools that prepare future managers in different disciplines are responsible for closing the gap between the skills acquired by its graduates and the required skills by the global markets. (Ehab and Sherif, 2003).

Problem 1: Explain three (3) ways on how management accountants can respond effectively to the changes in business environment, as mentioned above.

Reference no: EM132721317

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