What is an example of a strategic management decision that uses cost information?
A)determination of cost of goods sold for the income statement
B)identification of value-chain function to outsource
C)evaluation of operational cost control program
D)assessment of process improvement efforts in quality control

Question

Quizplus · Accepted Answer

Identifying which value-chain functions to outsource involves considering the costs involved in performing those functions internally versus outsourcing them. This decision requires cost information to determine which option is more cost-effective for the organization.

What Is an Example of a Strategic Management Decision That