The Application of Management Accounting Techniques in Decision-Making in a Developing Country
John Matsoha* (Lecturer from Department of Business Administration. National University of Lesotho ), Nessan Ronan** (Lecturer from Department of Business Administration. National University of Lesotho )
Download Article | Published On 01/07/2005

Abstract

The business world has available to it a plethora of decision making techniques. But to what extent do they use these techniques in their decisions. This paper addresses this crucial issue. A sample of firms in the Lesotho garment industry was surveyed. All these firms are producing for export and can thus be described as competing in the global business arena. The results of the study are reported and recommendations are made as to how the financial decision-making process could be improved

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