<p>This episode of our podcast focuses on <strong>short-term business decisions</strong>. It explains how to <strong>identify relevant information</strong> for decision-making, <strong>evaluate different alternatives</strong>, and <strong>choose the best course of action</strong> considering <strong>quantitative and qualitative factors</strong>. We use numerous examples, including special order decisions, make-or-buy decisions, and decisions to keep or discontinue a product line or segment. We also address <strong>cost analysis</strong>, including sunk, avoidable, and opportunity costs, within the context of resource constraints and bottlenecks.
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