Examlex
Communication takes much for granted, so miscommunication can occur due to sets of assumptions made by communicators.
Goal Congruence
Occurs when the objectives of different stakeholders or departments within an organization align and support each other.
Participative Budgeting
A budgeting process where those who are impacted by a budget are involved in the development of the budget, promoting engagement and accountability.
Budgetary Achievement
The extent to which the budgeted targets or goals have been met or achieved during a specific period.
Direct Material
Raw materials that are directly incorporated into the final product in the manufacturing process.
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