Discuss relationship between budgeting and strategic plan


Problem

1. Historical background of Budgeting (meaning, when and how it is started)

2. Briefly explain budgeting methods

3. Discuss the relationship between budgeting and the strategic plan of large companies (use examples of real companies)

4. Explain the impact of budgeting on financial performance (use examples of real companies)

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Financial Management: Discuss relationship between budgeting and strategic plan
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