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Define the term jugaad as it applies to the management context.Using examples,demonstrate how the jugaad concept relates to the Western notion of frugal engineering.
Financial Targets
Specific goals set by a business related to financial performance measures, such as revenue, profit margins, or return on investment.
Audit Procedures
Actions taken by auditors to gather evidence regarding the accuracy, completeness, and validity of a company’s financial records and statements.
Fraud Risk Factors
Circumstances or events that increase the risk of fraud within an organization or its financial reports.
Quality Of Information
Pertains to the degree of accuracy, reliability, and relevance of data or information, ensuring it is fit for making decisions.
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