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Which of the following is frequently used as a measure of cash flow in the P/CF ratio?
Management by Objectives
A management strategy designed to enhance an organization's performance through the establishment of clear goals concurred upon by both the employees and management.
Regular Communication
The consistent exchange of information between individuals or groups to ensure smooth operation and understanding.
Performance Objectives
Specific, measurable goals set for employees or departments to achieve within a particular timeframe, aimed at evaluating their effectiveness and contributions to the organization's objectives.
Hierarchy of Aims
A structured arrangement of objectives and goals of an organization or project, ordered by their priority or level of importance.
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