Business & Finance

A:

The purposes of budgeting are for resource allocation, planning, coordination, control and motivation. It is also an important tool for decision making, monitoring business performance and forecasting income and expenditure. With proper budgeting, limited resources are managed efficiently.

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    • What Is Project Evaluation?

      Q: What Is Project Evaluation?

      A: Project evaluation refers to the systematic investigation of an object’s worth or merit. The methodology is applied in projects, programs and policies. At the project level, evaluation involves processes such as discussing a viable evaluation plan with stakeholders; designing and planning the evaluation; collecting, identifying and analyzing information and evidence; analyzing the information; and distributing the findings to describe or understand the project and/or to make project-related decisions.
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    • What Are Some Examples of the Private Sector?

      Q: What Are Some Examples of the Private Sector?

      A: The private sector is the part of the economy not controlled by local, state or federal government. Examples of the private sector are privately owned small businesses, multinational corporations and nonprofits. The private sector provides most of the jobs in a free-market economy.
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    • Where Can I Find Free and Fun Team Building Games and Activities?

      Q: Where Can I Find Free and Fun Team Building Games and Activities?

      A: The Team Building Directory lists many ideas for free and fun team building games and activities. There are several team building exercises listed by the Team Building Directory which are provided by Fresh Tracks, a company that specializes in creating and offering corporate team building and team building development days for some of the biggest companies in Europe.
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    • What Are the Advantages and Disadvantages of Privatization?

      Q: What Are the Advantages and Disadvantages of Privatization?

      A: Privatization is advantageous because it improves efficiency and profitability, prevents political interference and increases competition. According to The Guardian, privatization is disadvantageous because it can create private monopolies and a focus on profits rather than public interest in the delivery of essential services, such as healthcare.
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    • What Does the Finance Department Do?

      Q: What Does the Finance Department Do?

      A: The finance department plays a huge role in business because that's where the money is. The finance department knows how much money is needed to pay vendors, secure clients, cover bills and pay employees. This department is also in charge of filing taxes, keeping up with the current value of assets, and knowing how much cash flow the company has at any given time.
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    • What Is the Definition of Traditional Business?

      Q: What Is the Definition of Traditional Business?

      A: A traditional business is typically an organization that is a store, restaurant or agency. These types of businesses offer consumers some kind of service or product.
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    • What Do You Call a Person Who Studies Fossils?

      Q: What Do You Call a Person Who Studies Fossils?

      A: A person who studies fossils is called a paleontologist. Fossils are records of early life forms that are carefully preserved. Paleontologists study all types of fossils, from bacteria to human bones.
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    • What Are the Responsibilities of a Marine Biologist?

      Q: What Are the Responsibilities of a Marine Biologist?

      A: Marine biologist have a wide variety of job responsibilities that involve studying all aspects of ocean life. In this position, a biologist conducts scientific research involving biochemistry, biology, eco-systems, pathology, parasitology and knowledge of reproduction. An important job requirement is the ability to create and analyze data. Some positions require marine biologists to spend time identifying and cataloguing a variety of oceanic species and share research results in written reports.
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    • What Is a Head-to-Toe Assessment Checklist in Nursing?

      Q: What Is a Head-to-Toe Assessment Checklist in Nursing?

      A: A head-to-toe assessment of a patient allows a nurse to assess the physical state of a patient and diagnose or assist in the diagnosis of an ailment. Some of the parts of a body on a nurse's head-to-toe assessment checklist include eyes, ears, head, skin, skull, eyebrows, tongue, heels, fingers, torso and toes.
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    • How Does One Become a Real Estate Agent?

      Q: How Does One Become a Real Estate Agent?

      A: Those who want to become real estate agents must meet state licensing requirements. These requirements typically include completing real estate courses and passing one or more exams.
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    • How Do You Become an Entertainment Reporter?

      Q: How Do You Become an Entertainment Reporter?

      A: To become an entertainment reporter, you need the right kind of experience and education. First, a degree in journalism or communications is required for many entertainment reporter jobs. These programs usually last around four years, and a bachelor's degree is awarded at the completion of the program. It is also a good idea to minor in an entertainment-related subject.
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    • What Is the Role of a Tour Operator?

      Q: What Is the Role of a Tour Operator?

      A: A tour operator is a service provider who puts together vacation destination packages that usually include all-inclusive travel, hotel, dining and recreation arrangements. Tour operators generally purchase the individual components of these travel packages in bulk and then resell them for a profit.
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    • What Is the Slogan for Volkswagen?

      Q: What Is the Slogan for Volkswagen?

      A: As of 2014, Volkswagen's current slogan is "Das Auto," which means "The Car" in German. The car company launched this new slogan in 2007 at the Frankfurt Motor Show.
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    • How Much Is Disney World Worth?

      Q: How Much Is Disney World Worth?

      A: The Orange County Property Appraiser's office for Orange County, Fla., assessed the value of Walt Disney World at just over $1.3 billion in 2011. This figure includes the land, buildings and other physical improvements located in Disney World's six theme parks, but the figure does not include the value of the venue's personal property or intangible assets. Walt Disney World is the most valuable property in the state of Florida.
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    • What Is Corporate Planning?

      Q: What Is Corporate Planning?

      A: Corporate planning is a strategic tool used by companies to set long-term plans to meet certain objectives, such as business growth and sales volumes. Corporate plans are similar to strategic plans, but place greater emphasis on using internal resources and streamlining operations to achieve certain end goals.
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    • What Are Nike's Aims and Objectives?

      Q: What Are Nike's Aims and Objectives?

      A: Nike is one of the largest manufacturers of athletic apparel and sporting equipment in the world, therefore it has numerous, distinct missions and aims. As with all publicly traded companies, Nike’s first objective is to make a profit for the shareholders.
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    • What Is Taco Bell's Mission Statement?

      Q: What Is Taco Bell's Mission Statement?

      A: Taco Bell's full mission statement is "We take pride in making the best Mexican style fast food providing fast, friendly, & accurate service. We are the employer of choice offering team members’ opportunities for growth, advancement, & rewarding careers in a fun, safe working environment. We are accountable for profitability in everything we do, providing our shareholders with value growth.”
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    • What Are the Objectives of McDonald's?

      Q: What Are the Objectives of McDonald's?

      A: The main objective of the McDonald's corporation is to be the customer's favorite place to eat. To achieve this, McDonald's created a global strategy called "Plan to Win," which focuses on creating an extraordinary customer experience.
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    • Can I Buy a Money Order With a Credit Card?

      Q: Can I Buy a Money Order With a Credit Card?

      A: As a general rule, a money order cannot be purchased with a credit card, according to Fox Business News.
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    • How Do You Calculate TTL for a Car in Texas?

      Q: How Do You Calculate TTL for a Car in Texas?

      A: Several online sales tax and fees calculators are available that help you estimate how much you pay when purchasing a new car. State-specific sales tax calculators allow you to determine the estimated TTL for a car in Texas.
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    • What Is "do It Yourself Credit Repair"?

      Q: What Is "do It Yourself Credit Repair"?

      A: According to the Federal Trade Commission, most credit repair businesses are scams, and as such they advocate consumers take a "do-it-yourself" approach to credit repair by working with creditors to remove inaccurate information, and by setting up and sticking to a payment schedule to pay off debts that are legitimately owed. There are no easy fixes when it comes to repairing credit, and in particular, only time can remove accurate negative reports, but taking a personal, and active roll in the repair process will save consumers money and reduce frustrations in the long run.
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    • How Does Revolving Credit Work?

      Q: How Does Revolving Credit Work?

      A: Revolving credit is a line of credit where a borrower is not bound by a set number of payments to pay back the loan, but is instead free to use the funds whenever they are needed. For individuals, an example of revolving credit would be a credit card, where monthly payments are paid based on the amount of funds that have been used. For businesses, revolving credit is often used to cover fluctuating operational expenses.
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    • What Does Adverse Credit Mean?

      Q: What Does Adverse Credit Mean?

      A: According to FinAid, adverse credit is defined as having any debt paid over 90 days late, or having a Title IV debt within the past five years that has been subjected to default, foreclosure, bankruptcy discharge, repossession, tax lien, write-off or wage garnishment. While this designation does not otherwise involve the credit score, it does have an effect on a person's ability to get a loan or other financing.
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    • How Should You Write a Commitment Letter?

      Q: How Should You Write a Commitment Letter?

      A: A commitment letter is written in a clear, concise and diplomatic tone. All essential information must be reviewed prior to writing. The letter outlines all previously agreed terms between the parties involved.
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