Organizational Objectives

Administer
Administer refers to the management actions of planning, directing, budgeting, and implementing necessary to achieve organizational objectives. It involves activities such as managing resources, overseeing projects, and ensuring efficient operations.
Bonus
A bonus is compensation paid to an employee or employees for achieving a particular sales goal or organizational objective. This is in addition to a commission or salary.
Plan
An organized sequence of predetermined actions that management has chosen to complete future organizational objectives.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.