Discuss the advantages and disadvantages of budgeting as a system of organisational control. A budget is a short-term financial plan of income and expenses expected over a certain period of time (usually one year) used to achieve a businesses objective. Budgeting can be useful for exercising control over a business because of its nature as a representation of a plan. Control is generally viewed as making events conform to a plan. As a budget is represented as a plan‚ allowing events to conform
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alignment in all aspects of the organization" (Marshall‚ 1995). The collaborative workplace is predicated on the principle that the organization is strategically focused and guided by a set of core values for cross-functional‚ self governed teams. Advantages To successfully compete in the global market‚ an organization must have a strategic focus and maintain a culture that is guided by honor‚ dignity‚ honesty‚ integrity and the core values of a collaborative workplace: trust‚ ownership‚ consensus
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One of the main disadvantages was the fact that they did not have all the factories to make their weapons and supplies. Though they would have the farms to produce food for their men‚ they did not have enough railroads to transfer all the food to their men. Another huge factor and disadvantage to the North was that the South lacked the numbers to the North. The North would have almost and unlimited number
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exporter will be paid. EX2: Introduce: With the development of international trade‚ many methods of payment in foreign trade appeared‚ such as open account‚ the letter of credit‚ bill of collection and advantage payment. Among them‚ L/C is the commonest way. It is because L/C has many advantages which other methods do not. Body: - Paragraph 1: L/C is one of the safest methods of payment. o It guarantees payment upon presentation of the
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enjoy learning history. I have a large number of history books in my house. Some day‚ I might even write a history book myself. The advantages and disadvantages of television Nowadays many people all over the world spent most of their free time watching television; but since its appearance‚ television has brought to man many advantages as well as disadvantages. First‚ television plays an important role in our daily activities: it keeps us informed of all current affairs in the world. Events
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Nowadays many people all over the world spent most of their free time watching television; but since its appearance‚ television has brought to man many advantages as well as disadvantages. Television plays an important role in our daily activities: it keeps us informed about all the current affairs in the world. Television helps us in broadening Our knowledge in many ways. Through language teaching programs‚ we can learn the language we like such as: English‚ French‚ German‚ Chinese‚ Japanese
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reference to a court of law. With this‚ the controversial question regarding the advantages and disadvantages of arbitration over litigation has occurred by also bringing along two different perspectives as to the issue in question. There are some several major advantages that make arbitration a more desirable and preferable method as a dispute resolution rather than litigation. Although there are some disadvantages of arbitration that are needed to be taken in to consideration by parties before
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ADVANTAGES Plastic is very useful in the building and construction‚ electronics (laptops wouldn’t work well if they were made from glass)‚ packaging (gladwrap)‚ transportation industries. Very easy to make - water bottles‚ plastic bags‚ pens‚ cups etc etc The main advantages of plastic materials are also the reason why plastic is such a problem. It lasts forever and it is very cheap to make. When I say it last forever‚ I mean it does not biodegrade. There is a flotilla of plastic the
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The advantage and Disadvantage of Stereotype In recent days‚ the definition of “green tea bitch” has been widely spread all over the Internet. That article listed dozens of characteristics of the so-called “green tea bitch” such as always feigning innocence and speaking quietly. Then there follow various similar definitions like “black tea bitch” that insult people because of those poor stereotypes. When it comes to stereotype‚ most of us will conjure up numerous images in our minds: an elegant
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The advantages and disadvantages of internet With the expansion of high-technology‚ the use of internet is spreading at a rapid pace. Although many people firmly believe that the invention of internet is by no means beneficial‚ I still consent that it has pros and cons‚ thus should be viewed in both aspects. First and for most‚ internet has completely altered the mode of communication. In the past‚ letters and telegrams were mostly used for distanted contact. Later telephones became dominant‚ but
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