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How do companies recover from recession?
They usually try to improve their effeciency and eliminate every unnecessary expenditure . It means that they may spend less money on marketing, research and development or they fire a bunch of employees. Or instead of firing, they cut back the employees' salary. There a lot of ways to with recession.
What is meant by overspending and unauthorised expenditure?
An organization must plan and authorize the money that it spends, also known as its expenditures. If the employees of an organization simply buy whatever they want to buy, without planning or authorization, then that organization will almost certainly run out of money and go bankrupt. Given unlimited opportunity to spend, most people are likely to spend too much. And even a very wealthy organization has only so much money to spend. So organizations make plans about how much they want to spend, and then to ensure that their employees will not violate those plans, they have only certain responsible people who are in charge of spending, who must give their agreement, in other words their authorization, before people can spend money. If there is more money spent than was planned, that is called overspending. And if money is spent without the authorization that an organization has asked for, then that is unauthorized expenditure. These things are certainly known to happen, and they endanger the finances of any organization in which they happen.
Why do companies spend a great deal of money to determine their CAPEX budgets?
It is important for companies to determine their CAPEX budgets annually. The CAPEX budget helps a company to identify how much money can be put into a project and whether or not it will pay off in the long run. It can also help determine whether or not the company can expand or introduce another product. If the company is in a partnership, wants to leave a partnership, or is considering entering one the CAPEX budget can project the gain or loss that will occur with its decision. Basically it is worth it for any company to spend money determining their CAPEX budget because in the long run it will pay off, you have to spend money to make money.
What does the quote 'Remember that time is money mean?
It means that you should spend your time like you spend your money and if you us it fast you will die fast and if you spend it wisely.
Should kids spend money on whatever they want?
i think that kids should beable to spend their money on what ever they like to buy because its their money so why not
Why do companies spend money on advertising?
Companies spend money on advertising to raise awareness. They also are trying to persuade people to buy a particular product or service.
Why do companies spend money advertising?
Companies spend money on advertising to raise awareness. They also are trying to persuade people to buy a particular product or service.
How much money does the Saudi Arabia spend on education?
they spend 44.1$ billion on education and training.
Were does the largest percent of your money go that you spend on gas?
Your money goes to the oil companies.
Why we shold hire experienced employees?
When employers hire experienced employees, they not are going to have to spend a lot of time of training them. You also know that the employees have some type of understanding of what the job entails.
Why companies spend money on advertising?
Companies want to influence consumer behavior through advertising.
What are the disadvantages of hospitality?
Some of the advantages of hospitality include the fact that people feel welcome and tend to spend more money. A disadvantage would include the fact that the cost of training employees in hospitality can be high.
What are the advantages disadvantages of hospitality?
Some of the advantages of hospitality include the fact that people feel welcome and tend to spend more money. A disadvantage would include the fact that the cost of training employees in hospitality can be high.
How do companies recover from recession?
They usually try to improve their effeciency and eliminate every unnecessary expenditure . It means that they may spend less money on marketing, research and development or they fire a bunch of employees. Or instead of firing, they cut back the employees' salary. There a lot of ways to with recession.
A pool of money employees can spend on capital improvements if the company meets profitability goals?
Intracapital
Which of the following explains why companies spend money on advertising?
Companies want to influence consumer behavior through advertising.
How much percent of the company staff cost should be invested in education and training?
You do not start by allocating money and then figuring out how much training you can buy with that money. You start by figuring out what kind of skills and information the staff need to have, then you figure out how to obtain that training within the limits of your budget. Some businesses need to do more training than others, so it really depends what line of work you are in. There are some companies in which everybody is already fully trained and the staff doesn't require any more training. In such a case it would be silly to say, well, we planned to spend 30% of our human resource budget on training so you have got to study something. In other companies, training is needed desperately. So give people the training that they need. The question is always what do people need to learn, not how much money do we want to spend.
