Cost and Management Decision Making: Finance Manager each SME help SMEs benefit from the use of financial models, using relevant costs in decision making associated with out-sourcing and other activities, analyzing the factors which determine the effect of pricing decisions, utilizing target costing in pricing decisions.
Competency Analysis
Financial managers in introducing each SME competent in financial modeling and its application in a variety of exercises profit planning, financial models expand from a simple, one-product, a model of cost-drivers arrive at a more complex model with multiple products and directional charge, decided factor to consider in making business decisions, including decisions make-or-Buy, add or cancel a business unit, define optimal use of scarce resources, and pricing of services and goods. Read the rest of this entry »
