Examlex
The master budget process usually begins with the: (CMA adapted)
Economic Gain
The increase in wealth or resources resulting from the profitable activities of individuals or businesses.
Self-interest
The consideration of one's own advantages or benefits in decision making or behavior.
Productivity
The measure of efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Scientific Management
A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity, by scientific means.
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