GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Revisit the budget
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Revisit objectives and look at ways to improve financial and other objectives
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Communicate with stakeholders about finances and spending
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Revisit the values statement
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Detailed explanation-1: -At regular intervals Not only can it help to identify the goals that are going to be exceeded, it also offers an opportunity to understand exactly how these initiatives are progressing. Quarterly, or even monthly, reviews can ensure your corporate goals are contributing to the company’s overall strategy.
Detailed explanation-2: -Goals are an important part of running a successful business. They can give you a clear focus, motivate employees and set targets for your business to work towards. Goal setting can also provide you with a set of criteria to see if your business is succeeding.
Detailed explanation-3: -Financial objectives are important because they help you make a plan to improve your business. With financial objectives, you can track your progress and see whether you have met your objectives within the time frame you set.
Detailed explanation-4: -Ensure customer satisfaction The main factor in the success of any business is customer satisfaction. Without customer satisfaction, any other endeavor is futile. Without a decent level of customer satisfaction, any business will fail.