Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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* using these 3 terms: education (employee development), labor laws and culture.
What are the Identification of the strengths, weaknesses, threats, and opportunities of each item and their impact (SWOT analysis)
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- Write 3 SMART goals on how you will be evaluated on your work as a Management accountant/Accounting Manager. ADDITIONAL INFO FOR THIS ACTIVITY: The objectives and indicators need to be S.M.A.R.T. SPECIFIC Clearly specify the task to be done, when it must be completed, who is to accomplish it, and how much is to be accomplished. MEASUREABLE Use multiple measures if possible, for example, quantity, quality, time frame and cost. Ask questions such as: How much? How many? How will I know when it is accomplished? ATTAINABLE Ensure there is a reasonable path to achievement and an excellent chance that objectives will be accomplished. RELEVANT Goals should be aligned with the organization’s overall mission or strategy. Goals measure outcomes, not activities. TIME BASED Set a clear time frame for achieving performance objectives/goals. In most cases, objectives must be completed by the end of the performance review period.arrow_forwardThe BCG (Boston Consulting Group) matrix helps companies make strategic decisions about their product portfolio and allocate resources based on their relative position in the matrix. Discuss FOUR (4) components of the BCG Matrix.arrow_forwardState an example of a "SMART" objective and explain why it is a "SMART" objective.arrow_forward
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