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v. t. e. Bureaucracy ( / bjʊəˈrɒkrəsi /; bure-OK-rə-see) is a system of organization where decisions are made by a body of non-elected officials. [ 1] Historically, a bureaucracy was a government administration managed by departments staffed with non-elected officials. [ 2] Today, bureaucracy is the administrative system governing any ...
A personal account is a bank account for use by an individual for that person's own needs. It is a relative term to differentiate them from those accounts for business or corporate use. It is a relative term to differentiate them from those accounts for business or corporate use.
A formal organization is an organization with a fixed set of rules of intra- organization procedures and structures. As such, it is usually set out in writing, with a language of rules that ostensibly leave little discretion for interpretation . Sociologist Max Weber devised a model of formal organization known as the bureaucratic model that is ...
Social information processing theory, also known as SIP, is a psychological and sociological theory originally developed by Salancik and Pfeffer in 1978. [1] This theory explores how individuals make decisions and form attitudes in a social context, often focusing on the workplace. It suggests that people rely heavily on the social information ...
The national income and product accounts ( NIPA) are part of the national accounts of the United States. They are produced by the Bureau of Economic Analysis of the Department of Commerce. They are one of the main sources of data on general economic activity in the United States. They use double-entry accounting to report the monetary value and ...
—Max Weber in Sociological Writings, 1904. Weber's methodology was developed in the context of wider debates about social scientific methodology. The first of which was the Methodenstreit ("method dispute"). His position in it was close to historicism, as he thought that social actions were heavily tied to particular historical contexts. Furthermore, analysing social actions required the ...
Governmental accounting. Government accounting refers to the process of recording and the management of all financial transactions incurred by the government which includes its income and expenditures. Various governmental accounting systems are used by various public sector entities. In the United States, for instance, there are two levels of ...
The information on which an investor makes their decisions on a financial level is fairly simply gathered. The company's accounts can be examined, and although the accounting practices of corporate business are coming increasingly into disrepute after a spate of recent financial scandals, the figures are for the most part externally verifiable.