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Review the following concepts discussed in this week's chapters: the balance sheet, cost classifications, cost behavior and breakeven analysis, inventory control, staffing. Choose three. Summarize
Review the following concepts discussed in this week's chapters: the balance sheet, cost classifications, cost behavior and breakeven analysis, inventory control, staffing. Choose three. Summarize each concept and discuss why it is important to a manager. As a manager, how important do you think it would be to share the financial condition of your organization with your employees? What benefits and/ or problems do you see by doing so? Use at least one outside source. The text does not qualify as an outside source. 400-500 words
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