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How strategic management accounting is concerned

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Reference no: EM132502411

Question 1: Strategic management accounting is concerned with providing information that will support the strategic plans and decisions made within a business: you are required to critically review this statement.

In doing so you should consider the following areas ofstrategic planning:

a) Establishing mission, vision and objectives

b) Undertaking a position analysis such as SWOT

c) Identifying and assessing strategic options

d) Selection of strategic options and formulation of long- and short-term plans

e) Performance review and control

Reference no: EM132502411

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