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EVALUATION OF FACTORS AFFECTING THE CONCEPT OF PROFITABLE AS A GUIDE TO POLICY DECISION

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF STUDY According to Harper (1977) the concept of profitability can be defined as the concept which provides management with alternative course of action in accordance with the various degrees of profitability stating clearly in relevant cost account form individual projects which enables management to select the most profitable. Most of the policy decision of manufacturing industries are generally directed towards profitability. Policy decisions ...

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