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Why is it important to establish links with the finance department of the organisation when drafting the cost management plan?
Establishing links with the finance department is crucial when drafting the cost management plan because they provide essential insights into the organization's budgetary constraints, financial policies, and resource allocation processes. Collaboration ensures that the cost estimates are realistic and aligned with overall financial goals, enabling accurate forecasting and effective monitoring. Additionally, engaging the finance team helps identify potential funding sources and financial risks, which can enhance the plan's feasibility and success.
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What is the important of a mission department in a church?
This is like Evangelism department. The primary function is to establish new church and spread the gospel.
What is bba?
BBA stands for Bachelors of Business Administration.
What is the Relation of TQM and strategic management?
Tqm ,total quality management and stratigic management both are important for any organisation to make qualitative organization top level management have to make stratigis to fulfill the criteria .
What are the three primary types of skills important to management?
1. Conceptual - The ability to think and conceptualise about abstract and complex situations concerning the organisation Mainly used by Top Management 2. Human - The ability to work well with other people Mainly used by Middle Management (Department Heads) 3. Technical - Knowledge and proficiency in a specific field Mainly used by Frontline Management (Team leaders, supervisors)
What is the important of Human Resource management in an organisation?
Human resource management keeps the staff of an organization or company running. They are responsible for hiring and firing, keeping track of benefits and payroll.
Why is office management is important to succeding in business?
office management is important because it is a main place where most employees, customers and others interact with the business. it is more important than customer management and marketing. so, manager need to make sure that environment of the office, work efficiently to interact with the organisation.
Why an organisational chart important to employees?
It is Important because : - they can see the flow of authority and if the would like to lodge a complaint they no who to go to and complain to (shows the head of each department) - it tells the type of organisation - it shows the no of departments and the size of the organisation. - it shows the channel of communication eg horizontal and/ or vertical - it shows the inter- relationship between the personnel in the organisation and the different levels
What is the role of Marketing Services department in an organisation?
to increase the sales the most important is marketing department like take the example of the emkay global financial services in its logo it self try to give the advertisemnt " your seccses is our seccess.
Why have a department manager?
A department manager is important to give upper management someone to hold accountable. It also gives a resource to the employees for questions and guidance in their job.
Why did American Airlines eliminate the yield management pricing?
I'm not sure what you mean by Yield Management Pricing, but AA has not eliminated Yield Management. It is still an important department and function within the company.
Why is selecting computer hardware and software for the organization an important management decision?
Several reasons: hardware and software costs a lot of money IT is now critical to an organisation's success so its important that the software meets the needs of the organisation. Hardware needs to be sufficiently powerful to meet the demands that will be placed on it by the users.
What is the Finance department in a organization?
I think organisation is an family and finance department is the family member like an father which mobilise the funds from the market and deploy it in the organisation according to the requirement afterassessing the report presented by the managers of other departments. one of the most important responsibility of the finance department is to keep control over the use of funds in the organisation i.e. the funds are using according to the planing and accord with the organisational objectives. I AM MONICA DHEKALE STUDENT OF M.B.A. OMEGAN SCHOOL OF BUSINESS, AURANGABAD WHICH IS AFFILIATED TO ICFAI UNIVERSITY.
