A Budget Can Be a Means of Communicating a Company's

question 55

True/False

A budget can be a means of communicating a company's objectives to external parties.

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Definitions:

Assessment Centre

A technique used in the employee selection process involving a series of exercises designed to simulate job tasks and assess candidates' abilities.

Management Support

Involves the backing and assistance given by management to its employees to facilitate the achievement of organizational objectives.

Career Development

The progression and growth of one's career, facilitated by educational opportunities, training, and job experiences.

Internal Recruitment

The process of filling job vacancies within an organization by considering current employees for promotion or transfer to new positions.