The decision-Making analysis is one of my favorite topics in my MBA. This analysis applicable to SMEs relied on Kepner-Tregoe Approach as the basic rational process. First of all, I send my greeting to everyone. Hello 2021, I wish the world will heal immediately and our life full of joy and happiness. This January is […]
Cost Analysis for Managerial Decisions
The cost analysis could help managerial level taking decisions-related to gain more profit. The cost structure will affect the pricing strategy and keep the business remain competitive. Understanding the cost calculation as long as the production process either in the short-run or in the long-run makes a cost structure decisions more accurate. I write a […]
What is Cost Structure
What is the key point for management to understand how to formulate the cost structure of the business? The management needs to analyze several factors before take a decision about it. I write a summary about cost structure based on Keat, P. and Phillip Young. 2008. Managerial Economics, 6th edition. Pearson (KY) e-book. Cost Structure […]