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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Organization Structure Paper Any successful company must rely on being well organized in order to be successful. The organization must have departments that have clear roles and descriptions on what each individual or department is assigned to do. Regardless of what the company or organization does‚ the organizational structure in each is similar somehow. This paper will discuss the organizations structure‚ and how the organizations functions create for a positive and encouraging environment for
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2.1 Difference between mechanistic organization structures And organic organization structure. 2.2 When might a mechanistic organisation structure be Preferable to an organic organization structure? 3． Conclusion 4． References List 1. Introduction The organizational structure is very important for a company. Different organizations will adopt different organisation structures to help achieve their goals. The type of structure they adopt will be determined by range
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Evolution of Formal Organizations Paper May 27‚ 2012 SOC/120 University of Phoenix The past two centuries have witnessed rapid change unequaled in human history. Technology is the driving force‚ altering all facets of life including governments‚ families‚ her members and the conditions under which those altering all facets of life including governments‚ families‚ communities and even the eco system within which we
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Question 3 A) Briefly explain the formal communication channels and spontaneous communication channels? * Communication channels Messages are transmitted through channels of communication channels as discussed. * Formal communication channels‚ follows the chain of command and is recognized as official. One way to view formal communication within organizations. * Vertical communication is the flow of information both up and down the chain of command. It involves an exchange of
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Five Organizational Structures Assignment 5 July 13 2013 Every organization‚ to be effective‚ must have a structure. An organization structure is the setup that determines the hierarchy and reporting structure in an organization. It is often represented by a drawing known as an organizational chart. There are different types of organizational structures that companies follow‚ depending on a variety of factors like leadership style‚ type of organization‚ geographical regions‚ work flow and
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SALES ORGANIZATION STRUCTURE Introduction Once the sales plan has been formulated‚ the next logical step is to organize a sales force to achieve the enterprise objectives. Decisions must be made as to the type of sales tasks required to be performed and as to how the sales people should be grouped together to ensure effectiveness and efficiency. The scope of their sales responsibility‚ line authority and accountability must be defined so that the sales activities can be well coordinated. The
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Communication Structure for an Organization Paul Cody COM425: Communication in Organizations Prof. Demetra Blacknell September 10‚ 2012 ? Human communication is the lifeblood of any organization. The interactive social process of communication is what enables organizational participants to elicit cooperation from others (Kreps‚ 2011). There are several different concepts that are important to an organizations communication structure. The concepts to be discussed in this paper are active
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Evolution of Formal Organizations Paper Ashley Porterfield July 17‚ 2009 For many centuries now formal organizations have operated in the same ways. Progress in time and new workers start to takeover‚ a lot of formal organizations change to be more flexible in the work environment. Many organizations such as the one Micah works for are more than likely to change. Advancement of today’s technology‚ formal organizations are increasing the new way to be more efficient and get the job done.
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Social Groups and Formal Organizations Groups- People who think of themselves as belonging together and who interact with one another are the essence of life in society Aggregate- Individuals who temporarily share the same physical space but who do not see themselves as belonging together.* People who happen to be in the same place at the same time. Category- People who have similar characteristics Charles Horton Cooley- called primary groups the springs of life. ( Person‚ liking or loving you
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