How can you apply the concepts of Strategic Planning, Bench-marking, Employee Assessment, and Performance Budgeting to...

50.1K

Verified Solution

Question

General Management

How can you apply the concepts of Strategic Planning,Bench-marking, Employee Assessment, and Performance Budgeting to anaccounting position in the public sector.
What questions can strategic planning answer that will help usto position this new program to succeed in its environment?
How could bench-marking help us to set performance and coststandards for this program?
How can we incorporate bench-marking standards into anindividual’s employee assessment process?
How would we use the basic budget for this new program andexpand it to be useful as a performance budget?

Answer & Explanation Solved by verified expert

4.2 Ratings (589 Votes)

For an accounting position in the publlic sector the following can be helpful 1 Strategic planning The concepts of strategic planning includes setting of a goal strategy analysis formationg of a plan formulation of the plan and monitoring of that plan For the accounting job strategic planning can help us understand the internal and external environment of the organization which is obivously See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member