The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.
James Williams (fictitious) was recently hired as the executive director for the Reach The World Mobile Telephone Company (RTWMTC). As part of his goal to manage and improve the company’s spending and income, he asks you to explain the importance of budgeting for the RTWMTC.
For this assignment, you must answer the following questions:
- Why is budgeting necessary for RTWMTC?
- Identify and explain at least three reasons.
- Who should be involved in the budgeting process and why? Explain in detail.
- What will happen if RTWMTC does not properly budget?
- Explain two specific possible outcomes in detail.
In your own words, please post a response to the Discussion Board and comment on at least two other postings. You will be graded on the quality of your postings.For assistance with your assignment, please use your text, Web resources, and all course materials.