response to classmates
Pronursingexperts.com empowers students by providing them with the tools they need to succeed. By alleviating the burden of homework assignments, students can focus on gaining a deeper understanding of their coursework, engaging in extracurricular activities, and developing essential life skills. Academic success is not solely about grades; it’s also about building confidence. When students receive well-researched and impeccably written assignments from Pronursingexperts.com, they gain confidence in their abilities. This newfound confidence often translates into improved performance in their classes. In the ever-evolving landscape of education, Pronursingexperts.com stands as a beacon of support, guiding students towards academic excellence. With its unwavering commitment to quality, individual attention, and timely delivery, Pronursingexperts.com has rightfully earned its reputation as the best academic writing company. By assisting students in their academic endeavors, this platform is not just completing homework; it’s building the foundation for a brighter, more successful future for students around the world.
Tiffany-
Every cost should be included in the decision making process, no cost is too small to where it should not be included. When all cost are included, it provides detail and accuracy in the decision making process. The information must be pertinent and relevant to the decision making process. One must consider the opportunity cost, this is important because it affects both the present in future when it comes to making financial decisions (Edmonds, Tsay, and Olds, 2011). When decisions are being made all cost must be considered because the decision making process involves long and short term. Sometimes the decisions we make can result in a loss, whereas in some cases they can’t be recovered. Cost behavior can be defined as the financial changes that occur in the work place that can affect the business (Banker, Byzanlov, and Dujowich, 2014). Managers must know and understand how and why cost can affect the business both positively and negatively. Lets say for example there is variable cost involved. Variable cost is different as the cost is depended upon production, the variable cost can either increase or decrease. If this cost is not included it can mess up the financial statement since the variable cost is depended upon production. Even the small cost such as the indirect cost are important, some may think the small things needed in a business should not be accounted for when they all cost should be accounted for. Indirect cost often represents an underrated, yet significant contributing source to all organizations (Boehmke, 2016). One must also be made aware of the sunk cost. Sunk costs are costs that have already been previously incurred by the business. These costs are important to keep up with in the event there is a change of staff in order to maintain financial accuracy.
When evaluating the statement that the only costs that should be included in the decision-making process are the costs that change, I found that only including costs that would change would cause poor decision making. Fixed costs are often allocated over multiple units, so by focusing on only the costs that are changing, those making decisions for the organization would make the obvious decision to use the costs that would result in lower costs to the organization while not considering how fixed costs may not be covered by the reduction in units sold (Jahanshahloo, Sadeghi, & Khodabakhshi, 2017). Each cost involved in the organization is important to making an informed decision.
Erica-
The best example I found to prove all costs should be considered in the decision-making process is the outsourcing problem example we were provided in our text. An organization may see that by purchasing finished products to sell rather than producing the product within the organization will save the organization money when only considered the actual costs, but this may not be the case (Edmonds, Tsay, & Olds, n.d.). Since the fixed costs of the organization that can not be eliminated by outsourcing products, the fixed costs must be taken into consideration when deciding if outsourcing is the best decision for the organization (Edmonds, Olds, & Tsay, n.d.). Each unit is responsible for a portion of the fixed costs based on how fixed cost allocation is calculated, so although the organization can save X amount of dollars by outsourcing, not considering the costs that do not change will not allow for the organization to calculate the fixed costs that must be added to the new cost per unit for the product (Edmonds, Old & Tsay, n.d.). This error could increase costs within the organization and cause the organization to start losing profits immediately or as demand for products changes.
Pronursingexperts.com recognizes that students often encounter challenging assignments that may be beyond their current skill level or require more time than they can spare due to their busy schedules. The platform steps in to provide valuable academic support by offering assistance with a wide range of assignments. Whether it’s a complex research paper, a challenging math problem set, or a literary analysis, Pronursingexperts.com ensures that students receive the guidance they need to excel. Every student is unique, and so are their academic needs. Pronursingexperts.com recognizes this and offers customized solutions. Students can communicate directly with their assigned writers, providing specific instructions and guidelines. This personal touch ensures that each assignment reflects the student’s individual style and preferences. Meeting deadlines is a critical aspect of academic success. Pronursingexperts.com understands this and prioritizes punctuality. The platform is known for its ability to deliver assignments promptly, even when facing tight schedules. This reliability allows students to submit their work on time, relieving them of the stress associated with late submissions.
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!
NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
