The Process of Planning Future Business Actions and Expressing Them

question 11

Multiple Choice

The process of planning future business actions and expressing them as a formal plan is called:

• A) Budgeting.
• B) Cost accounting.
• C) Managerial accounting.
• D) Variance analysis.
• E) Standard cost analysis.

Comprehend how office decor and arrangement reflect and influence organizational communication.

Understand the impact and role of jargon in organizational communication.

Identify methods to effectively manage or utilize the grapevine for organizational benefit.

Recognize the influence of physical appearance and space in non-verbal communication.

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Definitions:

Distributive Justice

A concept in social science and philosophy regarding the fair distribution of resources and benefits among members of a society.

Procedural Justice

The fairness of the processes used to make decisions, particularly in terms of how individuals believe they are treated by authorities or organizations during those processes.

Voluntary Sabbaticals

Planned, extended leaves of absence from work, initiated by the employee, often for personal growth, travel, or study.

Reducing Overtime

Implementing strategies to decrease the need for employees to work beyond their scheduled hours.