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Career Development

What Is Budgetary Slack and How Do You Prevent It?

December 12, 2022 Michael James

Budgetary slack is a built-in cushion in a budget that seeks to increase the chances of the actual performance being better than the budget. There

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Career Development

What Is an FMEA? (Plus Uses, Procedure and an Example)

December 12, 2022 Michael James

Failure mode and effects analysis (FMEA) is a risk management tool used to evaluate and identify potential failures and their consequences. As a proactive process,

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Career Development

What Is a Status Update Meeting? (Plus Tips and Benefits)

December 12, 2022 Michael James

A status update is a regularly scheduled meeting, typically about a project, to exchange information. They can be held at various times during the project

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Career Development

What Is a Trade Certificate? (And Where You Can Get One)

December 12, 2022 Michael James

What does trade certificate mean? A trade certificate is an important document that demonstrates the mastery of a certain profession or trade. It verifies a

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Career Development

What Is a Training Needs Analysis Template? (And How To Make One)

December 12, 2022 Michael James

In the UK, L&D funds are already stretched thin as organizations struggle with tight budgets and high training costs. Training is essential, but which training

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Career Development

What Is Assertiveness Training? Definition, Benefits and Steps

December 12, 2022 Michael James

What is assertiveness skills training? Assertiveness training is an important skill that is often overlooked in the modern workplace. It is a skill that employees

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Career Development

What Is a Strategic Budget? Plus Types and How To Create One

December 12, 2022 Michael James

Strategic budgeting is the process of creating a long-range budget that spans a period of more than one year. The intent behind this type of

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Career Development

What Is an Advertising Network? Pros and Cons of Using One

December 12, 2022 Michael James

Advertising networks are a powerful tool for businesses to reach a larger target audience and increase their sales. In a world where we are constantly

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Career Development

What Is a Software Composition Analysis? (And Other FAQs)

December 12, 2022 Michael James

No, Macs do not come with free Photoshop software. Photoshop is a popular editing software program developed by Adobe that allows users to create and

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Career Development

What Is a Sister Company? Definition, Comparison and Advantages

December 12, 2022 Michael James

Sister companies are multiple businesses that the same parent organization owns. For instance, if an organization owns several cereal companies, each of the cereal companies

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