Reading and analyzing management related articles for this class, have taught
me how managers must be responsive towards change in order to have a successful
business. From the article collection, I selected the articles th
Variable costs increase in total in direct proportion to increases in activity level.
Fixed costs remain constant in total regardless of changes in activity level.
Step costs increase in a steplike fashion when a capacity constraint is reached.
ASSIGNMENT #1: STRATEGIC PLANNING
This managerial accounting course is divided into 3 sections which parallel the functions of the
manager: planning, organizing (operating), and control (performance measurement). Planning
can be divided into three phases: