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By doing a thorough internal research of goals, vision, and mission statement, combined with a study of external factors like competitors’ analysis, government policies etc.
Some prominent examples of organizational resources are:
By using following techniques:
First the organization must prioritize its funds. The most important programs need to be looked at first. Then look at exactly what the funds will be used on within these programs. Look at the revenue each program of the business used the year before and then think if so much money was used on supplies how many supplies are left over. Proper budgets can be trimmed from any business but you must look at all parts.
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