Business Administration - Management FIS403 Lecture Notes - Lecture 2: Opportunity Cost, Finished Good, Indirect Costs

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Lesson objective 2-1 what are the visions that we have, what is it that we wanted to do. What is the difference between having a strategy or formulating a strategy. I am as a business with these task. Managers need cost information to perform each of these functions. So you live to work but you shouldn"t you should work to live. We want to formulate a strategy to living. How do we get there and in this case if you decide to take their investment goal you have to have smart goals. Your goals should be attainable realistic and smart goals. If you have limited resources the limited resource is time. With any decision you are making you are getting one step toward your goals or you are stepping back from the goals. Should i watch tv, should i read that book, or should i have fun.

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