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Unformatted text preview: analysis is the one which is able to help manager to make decision efficiency. b. Why was the cost per pound figure so important to Carnegie?? Explain?? It is very important because they know exactly what the low price they can charge and still can make the profit. As a result, the competitors are still guessing how much they should charge. In business world, it is necessary to know the price per pound so that they will know how much they should charge so that they can make profit....
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- Winter '08