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Explain How the Unit Cost Information Is Used by Managers

question 122

Essay

Explain how the unit cost information is used by managers in the management process.


Definitions:

Innate Reactions

Automatic, natural responses to stimuli that organisms are born with, which do not require learning.

Certain Stimuli

Specific environmental or internal triggers that evoke a physiological or psychological response.

Interplay

The way in which two or more things have an effect on each other.

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.

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