Describe the financial situation of a region

Description

Consider a number of variables such as political, social, and economic in order to analyse and describe a region or country from a financial standpoint.

Alternative labels

detail the financial situation of a region
report on the financial situation of a region
describe the financial situation of regions
describe regional financial situations
describing the financial situation of a region
give an account of the financial situation of a region

Skill type

skill/competence

Skill reusability level

cross-sector

Relationships with occupations

Essential skill

Describe the financial situation of a region is an essential skill of the following occupations:

Optional skill

Describe the financial situation of a region is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Branch manager: Branch managers are responsible for the management of all the affairs related with a company in a specific geographic region or business branch. They receive indications from the headquarters, and depending on the structure of the company, they aim to implement the strategy of the company while adapting it to the market where the branch operates. They envision management of employees, communications, marketing efforts, and follow up to results and objectives.
Business manager: Business managers are responsible for setting the objectives of the business unit of a company, creating a plan for the operations, and facilitating the achievement of the objectives and implementation of the plan together with employees of the segment and stakeholders. They keep an overview of the business, understand detailed information of the business unit and support the department, and make decisions based on the information at hand.
Chief executive officer: Chief executive officers hold the highest ranking in a pyramidal corporate structure. They are able to hold a complete idea of the functioning of the business, its departments, risks, and stakeholders. They analyse different kinds of information and create links among them for decision-making purposes. They serve as a  communication link with the board of directors for reporting and implementation of the overall strategy.
Department manager: Department managers are responsible for the operations of a certain division or department of a company. They ensure objectives and goals are reached and manage employees.

 


 

References

  1. Describe the financial situation of a region – ESCO

 

Last updated on September 20, 2022