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What are differences between strategic management and strategic management accounting?
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
What is the difference between conducting strategic planning and having a strategic mindset?
Conducting strategic planning means that you are planning ways to meet the strategic objectives of your organization. Having a strategic mindset refers to the way you think each day for work and in life.
Is budget a single use plan standing plan or strategic plan?
It is a strategic plan
What is a strategic apex?
Strategic apex, the home of top management where all power rests, usually with one person which could be the owner of an entrepreneurial entity.
What is the effectiveness of budget in achieving organizational strategic goals?
Budgets play effective role in achieving organizational strategic goals in this sense that these budgets are the ways through passing which you reach at your strategic goals. In budget development process you try to foresee that will you successfully reach at your strategic goals or not . Budgets sets the standards to achieve goals and with the help of these standards organizations can evaluate the fluctuations occur during the year and try to ascertain the reasons from deviating from achieving the define goals.
What is strategic misrepresentation?
Strategic misrepresentation is the planned, systematic distortion or misstatement of fact-lying-in response to incentives in the budget process.
Types of misrepresentation?
fraudulent misrepresentation. negligent misrepresentation. innocent misrepresentation.
Examples of misrepresentation of facts?
Examples of misrepresentation of facts Examples of misrepresentation of facts
Legal definition of misrepresentation?
misrepresentation
What is negligent misrepresentation?
Misrepresentation that is the result of careless statements made.
How can friction be minimised?
stuff
What is the difference between innocent misrepresentation and fraudulent misrepresentation?
the difference between fraudulent miisrepresentation and innocent misrepresentation is that innocent representation is when a statement is made with a genuine belief that it is true while fraudulent misrepresentation is a statement that is made with the knowledge that it is untrue or misleading.
How can misrepresentation affect a valid contract?
When someone is induced into entering into a contract as a result of a false statement.
How can friction in car engines be minimised?
oil
What is the penalty for misrepresentation?
It depends on the type of misrepresentation: Innocent misrepresentation: rescission of contract and restitution if possible Negligent: rescission or possibly damages Fraudulent: damages and possibly action in tort law
What is the doctrine of misrepresentation?
A misrepresentation is an untrue statement of fact by one party which has induced the other to enter into the contract.
What is a minimised window?
A window that is open but is not currently shown.
