Examlex
_____ refers to the system of governing an organization so that the interests of corporate owners are protected.
Top Down Fashion
An approach or process that begins from the highest level of a hierarchy or system moving towards the lower levels.
Long-Range Planning
The process of setting long-term goals and strategies, often extending five or more years into the future.
Annual Budget
A financial plan for a year that outlines projected income and expenditure for an organization or department.
Capital Expenditure Budget
A budget for planned expenditures on long-term assets that will provide value in the future, such as equipment or buildings.
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