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Why do organization perform differently?
Organizations exists for a defined purpose and this purpose defines objectives of an organization. Objectives differ from organization to organization that why every organization perform differently than other with different objectives.
Why is control necessary in an organization?
Control is necessary in an organization because employees must get direction from somewhere. If employees were allowed to make their own decisions, than no one would be working towards business objectives.
Three internal control objectives for financial reporting?
There are actually four internal control objectives of financial reporting. They are 1) Control Environment 2) Risk Assessment 3) Information and Communication Systems 4) Monitoring. These internal control objectives help aid in presenting financial statements that are free of material misstatements. But just because internal control measures are implemented, doesn't mean people cannot circumvent those controls.
What is an example of an organization's strategic response to its external environment?
An organization's external environment is often out of the organization's control. One example of a strategic response to an organization's external environment is adapting its practices according to new laws that are out of their control.
Relationship between management and organization?
Management is the one who the acts of getting people together to accomplish desired goals and objectives efficiently and effectively and the organization is part of these people.
What are the objectives of material control in cost accounting?
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What are the objectives of police organization?
What is police organization and their objectives
What is demand oriented objectives in advertising?
These are objectives that focus on market share and increasing the desire for a product. You can also do cost oriented objectives to control or drive costs.
Why do organization perform differently?
Organizations exists for a defined purpose and this purpose defines objectives of an organization. Objectives differ from organization to organization that why every organization perform differently than other with different objectives.
What are the Objectives of Cost Control and Reduction?
Cost control and reduction is the way that business managers monitor, analyze and cut expenses. The objective is to lessen expenditures.
Why is control necessary in an organization?
Control is necessary in an organization because employees must get direction from somewhere. If employees were allowed to make their own decisions, than no one would be working towards business objectives.
What are the Objectives of cost control?
Cost control helps departments meet their budgets. Without cost controls, departments wouldn't meet their budgets and products would have to be overpriced to meet the budget overages.
Why are objectives important to an organization?
Objectives are important to an organization because it gives everyone a sense of direction, and what their working towards.
Define budgetary control and discuss the objectives of introducing a budgetary control system in your own organization What are the advantages and limitations of budgeting?
Methodical control of an organization's operations through establishment of standards and targets regarding income and expenditure, and a continuous monitoring and adjustment of performance against them is called Budgetary control.
Identify the organization's current mission objectives and strategies?
It depends on the specific organization. Each will have goals and objectives particular to themselves.
Why do organisations set objectives and priorities?
Objectives can help guide what the organization is going to do. Priorities help guide what the organization will do first and which objectives should have the most resources applied to achieving them.
What are key objectives of directing salesmen in an organization?
The key objectives of directing sales people in an organization is to facilitate their making sales and satisfied customers.
