Business-Administration - Course - Micro for the Global Economy

  • Course Code: MBA629
  • Credits: 3
  • Hours Distribution: 3 Lec
  • Course Type: Major Requirements (Major R)

Course Description

Students learn the skills needed to use financial information to support economic decisions, to motivate desired behavior, and to evaluate performance. Students will become familiar with concepts of product costing, essential to make or support critical management decisions about such critical issues as product pricing. The course stresses the new concepts such as "activity-based management". It develops the principles of effective performance evaluation, introducing the student to evolving techniques such as the "balanced scorecard". It shows the ways in which organizations can foster strategic successes by the optimal use of accounting information.