Examlex
When decisions tend to be made at lower levels in an organisation, the organisation is said to be decentralised.
Goals Met
A term indicating the achievement of predefined objectives or targets.
Planning
The process of outlining business goals, strategies, and actions to achieve desired outcomes.
Controlling
The process of monitoring and adjusting plans and strategies to ensure goals and objectives are achieved within an organization.
Direct Labor
The pay awarded to employees who are directly part of manufacturing goods or delivering services.
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