Which Form of Budgeting Involves Taking a Fixed Percentage of Some

question 31

Multiple Choice

Which form of budgeting involves taking a fixed percentage of some criterion such as sales as the basis for the research budget?

• A) Rule-of-thumb budgeting
• B) Percentage-of-sales budgeting
• C) Departmental budgeting
• D) Task budgeting
• E) functional-area budgeting

Examine the distribution of work within organizations and the role of different hierarchical levels.

Understand the sources of power in leadership and how they influence followers.

Analyze the components and signs of servant leadership and its effectiveness.

Understand the role and importance of ethical guidelines in organizations and professions.

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Definitions:

Business Communication

The sharing of information between people within and outside an organization to achieve business objectives.

Oral Medium

A method of communication where information is conveyed through spoken words, typically used in conversations, speeches, and presentations.

Print Channel

A medium through which information is distributed in printed form, such as newspapers, magazines, or books.

Formality

The strict adherence to established rules, customs, or etiquette.