FUNCTIONAL AND ACTIVITY-BASED BUDGETING Budget a financial plan of the resources needed to carry out tasks and meet financial goals. A quantitative expression of the goals the organization wishes to achieve and the cost of attaining these goals. Budgeting the act of preparing a budget. Budgetary control the use of budgets to control a firm’s activities. Master budget (planning budget/ budget plan) a summary of all phases of a company’s plans and goals for the future. Indicates the sales levels‚
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INTRODUCTION The reason that I have chosen the psychoanalytic theory and the approaches that are used within the psychoanalytic approach as they look at what has happened within childhood and how it can have an effect on a person later in life. Many people have carried childhood experiences around for many years and have not been able deal with the situation‚ they are unable to talk about the experience and this can have a greater affect on how they deal with life issues. By going to see a councillor
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used to embed functional skills as much as I do now. My previous observations showed that I needed to embed more functional skills in the lessons to allow the lessons to be more effective‚ and in order to fulfil the requirements. I took this into consideration and looked at the different ways in which functional skills can be embedded in the lessons. I came to learn that as a teacher it was my responsibility to plan work that gives learners the opportunity to develop and apply functional skills in the
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POSITIVE APPROACH Attitude is the most important trait that lifts a man from his present position to the top most. A person who is very positive will spread his positive spirit in al the directions which helps him in unbelievable achievements. This is hard fact of life that whatever be the status of a man‚ his positive attitude always makes him to be the top in his crowd. I have seen many of my superiors and colleagues‚ who were totally negative in their approach‚ had been written off from
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topic: Advantages and disadvantages of functional structure. These days‚ most large manufacturing organizations have a functional structure. The functional structure describes an organizational structure in which the division of work is paramount. Jobs and activities are grouped together. The structure may be divided is various ways‚ including (among others) production‚ finance‚ marketing‚ sales‚ and personnel or human resources departments. The functional structure has both advantages and disadvantages
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Sofia Coppola’s Lost in Translation centers on the lives of two characters‚ Bob Harris (Bill Murray) and Charlotte (Scarlet Johansson). Bob is an aging actor and movie star from Hollywood‚ who struggles with a mid-life crisis. His visit to Tokyo is to film whiskey commercials as well as make appearances on some of the popular Japanese talk shows. On the other hand‚ Charlotte is a Yale graduate‚ who is also struggling with her life; she does not know what she wants despite being married to her husband
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Humanistic The humanistic approach studies the whole of an individual including their uniqueness. Psychologists look at a human’s behaviour not only through the eyes of the observer‚ but also through the eyes of the individual displaying the behaviour. Psychologists believe that an individual’s behaviour is connected to their feelings and self-concept. The humanistic theory focuses on reinforcement of stimulus-response behaviour. The hierarchy of needs is one of the best known theories of motivation
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Functional Roles of Human Resources One of the most important departments in a company is the human resources department. This department is charged with finding‚ screening‚ recruiting‚ and training job applicants‚ as well as administering employee-benefit programs. As companies reorganize to gain competitive edge‚ human resources play a key role in helping companies deal with a fast-changing competitive environment and the greater demand for quality employees. The purpose of this paper is to describe
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Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. * The firm
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The sensemaking approach is when people or an organization offer a meaning to an experience by making sense of it. It is how they structure things that they don’t know‚ in order to take action on it. When people experience change‚ they face a gap between their expectations and their counterpart experiences‚ and they start to communicate and act in a systematic and structured way in order to make sense of what is happening. According to Fairhurst and Sarr (1996‚ cited in Bean and Hamilton‚ 2006) “To
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