answersLogoWhite

0

It can help by not wasting your time googling the answers and actually doing your DeVry homework! :)

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Finance

How can hierarchical structure help achieve organisational goals?

A hierarchical structure can help achieve organizational goals by clearly defining roles, responsibilities, and reporting relationships, which enhances accountability and efficiency. It facilitates effective communication and decision-making, allowing for a streamlined flow of information from top management to lower levels. Additionally, this structure supports better resource allocation and alignment of departmental objectives with the overall strategic goals of the organization. Ultimately, it fosters a sense of order and direction, motivating employees to work towards common objectives.


Importance of downward communication?

Effective downward communication will help managers meet their goals. When line employees know what they are expected to do, they can work towards meeting their goals.


What are the pros of budgeting and how can it help individuals achieve their financial goals?

Budgeting helps individuals track their income and expenses, allowing them to prioritize spending, save money, and avoid debt. It can help achieve financial goals by providing a clear roadmap for managing finances, building savings, and working towards long-term objectives like buying a home or retiring comfortably.


How does KPI measurement help management in companies?

A KPI is a key performance indicator and can be helpful to the management aspect of business by keeping track of where the company's money is going. It can help the business achieve goals.


What is the snowball plan and how can it help me achieve my financial goals?

The snowball plan is a method of paying off debt by focusing on one debt at a time, starting with the smallest balance. By paying off smaller debts first, you can build momentum and motivation to tackle larger debts. This approach can help you achieve your financial goals by reducing your overall debt burden and eventually becoming debt-free.

Related Questions

Major components of health communication?

The major components of health communication are sensitivity, shared meaning , interdependence and so much more. These are the ones that help achieve the goals of health communication.


What traits do you possess that will help us achieve our mission values and goals?

I possess strong communication skills, a positive attitude, and a collaborative mindset that will help me contribute effectively to achieving the organization's mission, values, and goals. Additionally, my adaptability and problem-solving abilities will be valuable in navigating challenges and finding innovative solutions to drive success.


What is the difference between goals and objectives?

Goals are broad, overarching aims that an individual or organization wants to achieve. Objectives are specific, measurable steps that help to reach those goals. In essence, goals are the destination, while objectives are the roadmap to get there.


Why are persuasive techniques important?

Persuasive techniques are important because they help convey a message effectively and influence others' thoughts, beliefs, or behaviors. By using these techniques, an individual or organization can engage an audience, build credibility, and ultimately achieve their communication goals.


How does an office manager help a company achieve its mission statement?

All positions help a company to achieve its goals and objectives. This is why it is critical for all employees to insure everything they do within the workplace is in strict alignment with organizational goals and objectives. Each part of the whole organization is important.


What is the role of the division room?

The division room serves as a space for employees to collaborate on tasks and projects. It promotes teamwork, communication, and sharing of ideas to help achieve common goals. It can also be used for problem-solving, decision-making, and planning within the organization.


How can we achieve termination unity within our organization to ensure a cohesive and efficient work environment?

To achieve termination unity within an organization, it is important to establish clear communication channels, set common goals, provide regular feedback, and encourage collaboration among team members. This will help create a cohesive and efficient work environment where everyone is aligned towards the same objectives.


How does engineering dept help an organization in achieving its goals?

how does engineering department help an organisation in achieving its goals?


What are primary goals and secondary goals of an organisation?

The primary goals of an organization are the fundamental objectives that drive its mission and vision, such as profitability, growth, and sustainability. These goals are essential for the organization's success and long-term viability. Secondary goals are supportive objectives that help achieve the primary goals, such as customer satisfaction, employee engagement, and social responsibility. Both primary and secondary goals are important for creating a well-rounded and successful organization.


Why do businesses have mission statements?

Vision and mission statements help create a foundation by which strategic planning can be developed in an effort to achieve the overall goals and objectives of the organization.


How can hierarchical structure help achieve organisational goals?

A hierarchical structure can help achieve organizational goals by clearly defining roles, responsibilities, and reporting relationships, which enhances accountability and efficiency. It facilitates effective communication and decision-making, allowing for a streamlined flow of information from top management to lower levels. Additionally, this structure supports better resource allocation and alignment of departmental objectives with the overall strategic goals of the organization. Ultimately, it fosters a sense of order and direction, motivating employees to work towards common objectives.


Will college help you achieve your goals with self improvement?

College affects everyones goals with self improvement differently. It all depends on how motivated you are If you are more motivated it will help you achieve your goals.