As the Management Accountant for a large group of companies, you are asked to review and report on the operations of the company with a view to improving its profitability. The review was to be focused on the following areas: 1) Budgeting and standard Costing principles 2) Production processes and costs. 3) Profitability 4) Cash Management. A As a prelude to the review, you were asked to explain the following 1) The theory of constraints. 5 Marks 2) The non-financial issues that management should consider before making a. decision. 5 Marks