Risk assessment relates to a business impact analysis by showing the amount of risk in making a business deal, by comparing the potential loss to the percent the loss could occur.
Risk assessment relates to a business impact analysis by showing the amount of risk in making a business deal, by comparing the potential loss to the percent the loss could occur.
Functional costing is a method of cost analysis that assigns costs to the functions of an organization or product, helping to identify areas of inefficiency and opportunities for cost reduction. It relates to functional analysis by providing a detailed understanding of how costs are incurred within each function of an organization or process, allowing for a more accurate assessment of cost drivers and performance metrics.
Information is incredibly important to a business organization. To compete with other businesses, sell a product and make a profit, a business needs detailed information about assets, cash flow, consumer markets, payrolls, and many other business related subjects. All of these subjects relate back to making money for the business, and better information allows the business to make better decisions.
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It depends on the subject of the study. It is related if it focus on business function/s or process/es that may needs attention for improvements within the organization.
No sorry -:-)
like i really know
like i really know
like i really know
Customer invoices relate to the business as Recievables or income
In a corporate planning sense, an "objective" is usually a statement of a desired directional change or improvement in some characteristic (usually performance related) of a business/organization or functional area of a business.A functional area of a business/organization is generally a part of the organization that contributes to its overall operations in some characteristic way and is usually represented by a functional unit.A functional unit may or may not contribute directly to the sales/output of the business/organization (for example, accounts, salary payments and personnel services are generally functional areas/units of a business/organization, but they only indirectly contribute to the sales/outputs of the business/organization).A functional objective is an objective to achieve something that is in the area of allocated responsibilities/functions of the functional area/unit. The objective is usually based on the organization's corporate objectives but, depending on the size of the organization, may relate specifically to improving the operations of a functional unit.