Introduction of the term Budget
Give a brief introduction of the term Budget and also write down its characteristics?
Expert
A budget is a financial document or an act plan which is made and employed to project prospect expenses and income. It outlines an organization’s operational and financial goals. It can also consist of non- monetary information with the monetary information. They need to be prepared and approved in advance of the year in that they are to be employed or implemented.
The characteristics of a good budget are illustrated below:
- It is stated in monetary or quantitative terms. - It is made for a fixed period of time it is made before the period in that it commences. - Practical to put into practice. - It makes obvious the objects and the policies to be followed in sequence to attain the objective of the organization. - A lot of people are involved in drawing up a budget. - Flexible enough to permit alters in the changing surroundings. - made on the base of established standards of performance. - Examine the cost and revenues. - On the base of budget report performance of the organization is continually monitored.
What are the various actions of manager for leading good strategy execution and operating excellence?
What is an order fulfillment matter?
Write down some of the web marketing questions which every web site must think about?
Briefly describe the word pyramidical chart?
WRITE SHORT NOTE ON COMPENSATING SALES PERSONNEL?
What do you understand by the word Line function?
Explain about the Generic Competitive Strategies.
Present your estimation on whether you consider such business conduct or actions to be unethical or ethical. Discuss and defend your response.
What are the pruning marginal models and products?
Briefly write down the dissimilarities between Alderfer’s ERG theory of motivation and Maslow’s needs Hierarchy?
18,76,764
1945196 Asked
3,689
Active Tutors
1429415
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!