Answer:
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Budget surplus is the situation when revenue exceeds expenses
Explanation:
A
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Managerial leadership is defined as the process of persuading others to understand and agree on what needs to be done while facilitating individual and group efforts to achieve common goals.
<h3>What are the most crucial managerial duties?</h3>
Management and leadership require two unique business skills. Effective business leaders set a clear roadmap for their organizations. They ensure that daily operations run smoothly. Both tasks are required for organizations to function properly. They communicate goals well through writing, speaking, and presenting. Motivating and supporting employees in reaching their objectives. Setting realistic and achievable deadlines. Checking in with employees to verify they understand their responsibilities and are making progress. Creating important performance measures to measure success. Trained managers are more productive employees since they have been taught how to perform their jobs more efficiently and work more hours. They also know how to set realistic goals and devise strategies to achieve them.
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Explanation:
A developed country (or industrialized country, high-income country, more economically developed country (MEDC)) is a sovereign state that has a high quality of life, developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.
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