SIMULATION Q1.Explain and critically analyze the budget that you prepared for the exercise For this exercise‚ estimates‚ budget‚ conditions‚ conditions forecast were the things to be kept in mind. From the conditions that were specified: 1) Weather-the cost can go high if the weather conditions get worse 2) Labor market-the cost can go high or low depending on the availability 3) Stakeholders cooperation-depending on them‚ the cost can also go high or we can even save money 4) Reliability of
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FOCUS ON BUDGET 2013 budget was enacted to improve the standard of living in the country. The Government will also ensure that people get the best services and maximum benefits as a result of the implementation of development programs and projects. Therefore‚ the 2013 budget is designed themed "MEMAKMUR NEGARA‚ MENSEJAHTERA RAKYAT: A promises are kept" by focusing on five key focus. The five focus was to stimulate investment activity; strengthen education and training; entrenched innovation‚ increased
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18004992 Is bureaucracy irrational? Reflect critically In sociological theories‚ bureaucracy denotes either a means of management‚ or a particular kind of organization. Such organizations tend to have homogenous characteristics‚ including regularized procedure‚ the existence of a discretionary budget‚ a tendency to expand their resources continuously and progressively‚ and impersonal relationships with much competition for political position within the organization. ’Bureau’‚ is a French word
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Budget is something that every citizen of India looks forward to. It determines how the finances are going to be managed for the coming year. The Union Budget 2013-2014 is perhaps the most budget of post reform India. This budget‚ as always has been welcome by some‚ while for the others it is a total unsatisfactory one. The Finance Minister‚ Mr. Chidambaram has tried to cut down the expenses and has tried to increase the fiscal by next year end. Listed below are the highlights of the Union
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Exercising Just Got Better and Healthier Written By Alexis Bower Exercising has improved majorly‚ by our new technology in the world. It’s to the point where you don’t even need to go outside or to the gym. You have the power to do it in your own house. We have devices that can monitor your steps you take‚ what your heartbeat is‚ how far you have ran‚ and to how much calories you have lost within your workout. I sat down
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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Traditional Budget Accounting…………………………………...……… pg 3 1.Taxonomy of Chinese Accounting……..…………….......................... pg 3 1.1 The Domain of Budget Accounting……….…………...………... .pg 3 1.2 Chinese units……………………………………………………... pg 4 2. Public Financial Management Process……………………..……….. pg 4 Conventional Budget Accounting …………………………………………pg 5 1. Overall and Unit Budgets…………………….…………………….. pg 5 2. Characteristics of the Chinese Budget Accounting
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Chapter 8 bureaucracy task specialization the Pendleton Act Regulations the Administrative Procedures Act one-fourth department Discretion the Treasury Department They must solicit public comments. running for elected office make changes in an agency’s annual budget proposals Interagency councils the Department of Defense adjudicating/engaging in quasi-judicial processes implementing public policies ensure opportunities for public participation in the rule-making process by nominating
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1. Budgeting - An Introduction A budget is a plan that outlines an organizations financial or operational goals. It is an action plan. It helps a business allocate resources‚ evaluate performance‚ and formulate plans. Understanding the importance of budgeting is the first step in successful financial planning. This tutorial introduces budgeting and the 5 most commonly used methods of budgeting 2. Preparing & Controlling a Budget Budgeting is potentially a managers most valuable planning and
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Introduction Customer Oriented Bureaucracy (COB) is an amalgamation of the two conflicting images of service work these being new service management (NSM) which suggests a win:win:win relationship between customers‚ employees and employers against the more negative aspect of service work brought forward by Ritzer which suggests that service work has become McDonaldised and is fake‚ demeaning and highly routinised. The original ideas were seen by Korczynski as being half right yet had their downfalls
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