Hcad 770 exam 1 2024 - Study guides, Class notes & Summaries
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HCAD 770 Exam 1 | Questions and Correct Answers | Latest Update 2024/2025
- Exam (elaborations) • 19 pages • 2024
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HCAD 770 Exam 1 | Questions 
and Correct Answers | Latest 
Update 2024/2025 
6 reasons economics is valuable for managers - Answer -- helps them 
focus on key issues 
- outlines strategies for realizing goals given the available resources 
- gives them ground rules for strategic decision making 
- gives them a framework for making sense of costs 
- gives them a framework for thinking about value 
- it sensitizes them to fundamental ideas that affect the operations of 
every organization 
cost - ...
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