Application of Management Accounting Techniques to Decision-Making in a Developing Country
John Matsoha* (Lecturer -Department of Business Administration, University of Lesotho), Nessan Ronan** (Professor of Accounting- National University of Lesotho )
Download Article | Published On 03/07/2006

Abstract

The business world has available a plethora of decision-making techniques. But to what extent do they use these techniques when they make decisions. This paper addresses this crucial issue. A sample of firms in the Lesotho garment industry were surveyed. All these frrms 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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