If managers of a company do not understand the behavior of its costs,they are likely to make poor decisions about the company's operations.

Question

Quizplus · Accepted Answer

Understanding the behavior of costs is crucial for effective decision-making in a company as it helps to determine the most efficient use of resources and identify areas for cost reduction. Without this understanding, managers may make poor decisions that could negatively impact the company's profitability and sustainability.

If Managers of a Company Do Not Understand the Behavior