Identify and explain at least three reasons.


This only needs to be four paragrapghs.  Resources need to be from an online source no books. and the website needs to be included. Simialrity score needs to be very low.  Please do not message me if this cannot be done in a timely fashion.  I do not want to waste anyone's time. 

 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.

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Finance Basics: Identify and explain at least three reasons.
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