Question

In: Finance

Question 4 What type of organisational standards might exist for creating business documents? Give at least...

Question 4

What type of organisational standards might exist for creating business documents? Give at least five examples.

Solutions

Expert Solution

Following types of organisational standards might exist for creating business documents;

1. Mission, Vision of the organization;

When creating buisiness documents then main organizational standard is known as mission & vision of the company. As we know that without mission & goals a company can not operate. If operates then all relevant efforts will not be directed towards a central point hence mission and vision are main organizational standards.

2. Workplace policy and procedure;

Workplace policy and procedure is also know as organizational standard because such standards helps in smooth operations of the business entity.

3. Industry legal guidelines;

As we know that every organization need to follow under some legal framework that is why we need to fix such legal guidelines in advance so that business operations can not violate such legal standards.

4. Implementation or operational guidelines;

Operations guidelines are very useful in daily routines of the business thus we can say that operational guidelines are pre-fixed standards.

5. Business terms and conditions;

Business terms and conditions are also known as business standards because these terms and conditions are determined in advance for better monitoring and controlling.


Related Solutions

What are the different types of environmental standards?  Give an example for each type
What are the different types of environmental standards?  Give an example for each type
When creating a business, the owners must decide on what taxable year to give the business....
When creating a business, the owners must decide on what taxable year to give the business. What choices of taxable years are available for "C" corporations, "S" corporations and partnerships? What impact does the choice of taxable year have on the taxation of the owners?
When creating a business, the owners must decide on what taxable year to give the business....
When creating a business, the owners must decide on what taxable year to give the business. What choices of taxable years are available for "C" corporations, "S" corporations and partnerships? What impact does the choice of taxable year have on the taxation of the owners?
What are standards and why do they exist? What role does Standards Australia play in the...
What are standards and why do they exist? What role does Standards Australia play in the standardisation process and what is the process for developing an Australian Standard?
What is a formal organisational environmental policy? What might be covered by or included in an...
What is a formal organisational environmental policy? What might be covered by or included in an organisation’s environmental policies and procedures? List at least five issues and discuss in 120–150 words.(In Australian Accounting Environment) (please type up your answer)
what is the least profitable type of new business? (Note, the answer is a recognized business...
what is the least profitable type of new business? (Note, the answer is a recognized business type). Microbusinesses including lifestyle businesses Ultra-microbusinesses including microstyle Miniscule gazelles Attractive small firms
Different equity accounts are used depending on the type of organisational structure of the business. Illustrate...
Different equity accounts are used depending on the type of organisational structure of the business. Illustrate and explain. (80 - 150 words)
Standards are everywhere! They exist in all aspects of the business with which we interact every...
Standards are everywhere! They exist in all aspects of the business with which we interact every day. Make a brief post (100 - 125 words) identifying two different 'standards' you have seen this week and how this 'standard' affects the associated company's profitability. For example, a company such as McDonald's has a 'standard' on the amount of beef that is contained in each hamburger product they sell. If they go over this standard amount, material costs go up and profitability...
After reviewing “There’s No Such Thing as Business Ethics”, discuss what type of business organization might...
After reviewing “There’s No Such Thing as Business Ethics”, discuss what type of business organization might best succeed with a “Golden Rule” philosophy in its leadership. What do you believe to be the most significant ethical issues facing business today, and what would you suggest as a general approach to dealing with those issues? Which ethical principle, concept, or theory you learned about will be the most useful to your future ethical decision-making as a business professional?
What is continuous flow processing? Give at least three examples of products that might use continuous...
What is continuous flow processing? Give at least three examples of products that might use continuous flow processing.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT