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Flexible Budget – Explained + Examples

March 16, 2023March 16, 2023 Young Entrepreneur actual activity levels, adaptability, budgeting approach, business activity, changes, competitive, control costs, dynamic, economic fluctuations, expense categories, financial performance, flexible budget, managing finances, optimize profitability, rapidly changing business environment, revenue, revised, seasonal businesses, static budget, variable, variable costs

A flexible budget is a budgeting approach that adjusts based on changes in business activity. Unlike a static budget, which

Corporate Culture – Explained

February 22, 2023February 22, 2023 Young Entrepreneur act, adaptability, alignment, attitudes, behaviors, beliefs, burnout, changed, collaboration, communication patterns, communities, company, conflicts, Corporate culture, creativity, customers, decision-making processes, deliberate interventions, development programs, diversity, dynamic, dysfunctional, employee engagement surveys, employees, engagement, evolving, history, identity, inclusion initiatives, influenced, innovation, interact, job satisfaction, leadership development, leadership style, mission, monitoring, motivation, ongoing attention, performance, performance management, promote, purpose, recognition systems, reputation, retention, reward, shared values, shareholders, social norms, stakeholders, strategic objectives, stress, strong, suppliers, think, toxic, training, trust, undermine, unity, values, vision

Corporate culture refers to the shared values, beliefs, attitudes, and behaviours that shape the way people within a company think,