Key Elements of Organizational Structures (4/4): Authority, Responsibility, Accountability February 19, 2024 | BUSINESS MANAGEMENT, HUMAN RESOURCES and ORGANIZATIONAL STRUCTURE It is important to understand differences between these concepts in organizational structures – authority, responsibility and accountability.
Evaluation of Cost Centers and Profit Centers December 28, 2021 | BUSINESS MANAGEMENT, COSTS AND REVENUES and FINANCE Dividing business operations of the whole organization into Cost Centers and Profit Centers is important to any large business.