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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Costing systems and analysis is a creation of a cash management strategy for maximizing the value and minimizing the cost of the business. Some businesses face challenges to balance the need to serve...

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Senior Project_Discussion 6.1 (1)

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Q CanGo is looking at ways to grow its business. How should they approach the decision on how to do it? When making recommendations, how do we assign weights to criteria? Is it always based strictly on logic and achieving the best quantitative result and why?

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Several different ways are there by which the process of business growth can be started by CanGo. It should be looked by the company if growth is taking place of their funds. They can shift forward to the next step if assets required for business growth is possessed by them. Stocks selling can be taken into consideration by them in case excess capital cannot be used by them for business growth. A partnership can also be taken by them in case they are a small business. Facts should only be used when large decision is to be made by the company. Emotions must not be considered in such situations.