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Is strategy very important for the life of a company and why? Discus the role of management accounting in the whole management control system in

  1. Is strategy very important for the life of a company and why?
  2. Discus the role of management accounting in the whole management control system in terms of its advantages and disadvantages.
  3. Is the use of responsibility centers compatible with the functional structure of a company?
  4. Can there be competition between responsibility centers in the same company?
  5. Can there be transactions between different centers in the same company?

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Answer 1 Yes having a clear and focused strategy is critically important to the success of your business and life of a company and without a welldefined strategy yours may stall or even fail If you ca... blur-text-image

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