For the economic decision purpose

Question

Quizplus · Accepted Answer

Including costs from all six business functions (marketing, financing, operations, etc.) provides a more complete understanding of the overall costs involved in economic decision-making. It allows for a more accurate assessment of the true cost of producing and selling a product or service, and can help identify areas where cost reductions or efficiencies may be possible. Simply focusing on costs from one function may not provide a comprehensive view of the total costs involved.

For the Economic Decision Purpose