Management decisions in an uncertain environment

Uncertain regarding sales level and/or production factors costs has the following consequences on firm`s activity: standard costing becomes random and also a real annual budget; it forces to a more rigorous administration of general expenses; limits the elements which a department manager controls on

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Year of publication:	2002
Authors:	Dima, Ioan Constantin ; Isac, Claudia
Published in:	Annals of the University of Petrosani, Economics. - University of Petrosani, Romania. - Vol. 2.2002, p. 34-38
Publisher:	University of Petrosani, Romania
Subject:	a budgetary system \| uncertain environment

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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