Examlex

Solved

List and Briefly Describe the Six Key Questions That Managers

question 178

Essay

List and briefly describe the six key questions that managers need to answer in designing the proper organisational structure.


Definitions:

Unrestricted

Refers to funds or resources that are not subject to externally imposed restrictions and can be used by the organization for any purpose.

Donated

Items or assets that are given without any expectation of payment or benefit in return.

Endowment Fund

Financial assets donated to institutions or organizations with the stipulation that the funds are to be invested and the principal remains intact.

Restricted Fund

Denotes funds that are earmarked for a specific purpose by donors or grantors, limiting their use to certain activities or projects.

Related Questions