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While Changing a Business Process by Adding a Resource,one Should

question 45

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While changing a business process by adding a resource,one should add cost to the value chain if ________.


Definitions:

Budget Process

The systematic approach an organization follows to develop a budget, including planning, preparation, approval, and implementation phases.

Budget Targets

Financial performance goals set during the budgeting process that an organization aims to achieve.

Sales Budget

A financial plan detailing the expected revenues from sales over a specific period, used for setting targets and measuring performance.

Budgeted Income

The forecasted profit or loss for a given period, based on expected revenues and expenses.

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