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When the Different Business Units at a Company Use Differently

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When the different business units at a company use differently structured reporting formats for their business unit budgets, it is more difficult for the company to consolidate the business unit data into a companywide budget.


Definitions:

Barnum Effect

The tendency for people to accept vague and general personality descriptions as highly accurate for themselves.

Personality Profiles

Descriptions of an individual's characteristic patterns of thought, emotion, and behavior, often used in psychological assessments.

Big Five

A theory describing human personality as composed of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A personality trait characterized by anxiety, moodiness, worry, envy, and jealousy.

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