One of the Key Benefits of Budgeting Is That It

question 166

True/False

One of the key benefits of budgeting is that it forces managers to plan.

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Definitions:

Deskilling

The process through which skilled labor within an industry or economy is eliminated by new technologies or the simplification of tasks.

Postindustrialism

A stage of economic development in which the service sector generates more wealth than the manufacturing sector of the economy.

Multinational Corporations

Large companies that operate in several countries around the world and often play a significant role in globalization and the economy.

Assembly Of Goods

The process of combining components or parts to manufacture a finished product.