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What thing Is a planning and controlling tool that reflects the firms expected sales revenues operating expenses and cash receipts and outlays.?
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What are the consequences of poor planning and poor controlling in businesses?
the consequences of poor planning and poor controlling in the businesses 1. retrenchments of jobs 2. economic melt down 3. insolvency 4.bankraptancy 5. recession 6.the escalation of crime due to job loss
GFEBS Name the steps of the Army's Cost Management process?
Cost Accounting, Cost Analysis, Cost Controlling and Cost Planning
What role does standard costing play in planning controlling and performance evaluation in an organization?
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How do you do the factory budget?
Budgeting and forecasting are business processes essential to a company's operations. Budgeting involves planning for revenues and expenses. Forecasting is a method of predicting trends based on historical and current.
What is the definition of 'financial management'?
One of the three areas of the discipline of finance. It deals with the operation of the firm (both the investment decision and the financing decision) from the firm's point of view.ITs called financial mamagement or corporate finance
What is the difference between seed capital and startup capital?
Seed capital is for research and planning while startup capital is for operating expenses.
What are the four stet in the planning and control cycle?
Planning, Controlling, Directing and Motivating, Controlling
Why planning and controlling inseparable?
Planning and controlling are like siemese twins thus inspararble discuss
What is the relationship between planning and control?
Planning originates controlling : The controlling process and technique is decided by planning.Controlling sustains planning : It is the controlling, which directs and diverts the course of planning. Controlling invites our attention to those areas, where planning is necessary.Controlling provides statistical information for planning : The measurement and comparison of actual performance requires preparation of certain statistical information and reports which provide basis for sound planning.Planning is theoretical, whereas controlling is practical : Both planning and controlling are the two sides of the same coin. Both of them aim at achieving the maximum objectives of the business. Planning prepares plans and controlling works on it.Planning and controlling both are inter-related or interwoven : Without controlling planning is not complete. Planning is the basis of Controlling can be exercised only with reference to and on the basis of plans. Unless the management is able to fix in clear terms the objectives of the organization, and can chart out a course of action, effective controlling is impossible.Thus, planning and controlling are mutually interrelated and interdependent activities.Controlling measures plans: Controlling measures are taken in accordance with the pre-determined plans, programmes and targets.Planning and controlling, both are forward looking :Both planning and controlling aim at the future prospects of the business.
What best states the difference between seed capital and startup capital?
Seed capital is for research and planning while startup capital is for operating expenses.
Planning is looking a head and controlling is looking back?
planning may be looking ahead whilst controlling is ensuring the planning comes to a sucessful conclusion
How does planning facilitate controlling?
planning provides the basis for control
Planning is Looking forward and controlling is looking backward?
To what extent is planning 'backward looking'
Why Planning is Looking forward and controlling is looking backward?
To what extent is planning 'backward looking'
What is the process of POLC?
Planning Organizing Leading Controlling
What is called the Siamese twin of management and why?
Planning and Controlling
Why is planning and control inseparable?
Planning and controlling are like siemese twins thus inspararble discuss
