Process Management Skills - Managerial Accounting

The video tutorial discusses the role of managerial accounting in business processes, emphasizing the importance of creating and implementing processes to ensure quality and consistency across products and services. It highlights the concept of the value chain, which includes all major business functions that add value to a company's products or services, from raw material acquisition to customer delivery. The tutorial underscores the significance of maintaining each link in the value chain to prevent business losses.

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