435558
Beschreibung
Mindmap von Fawaz Aziz, aktualisiert more than 1 year ago
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Erstellt von Fawaz Aziz
vor fast 11 Jahre
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Budgeting
concepts
- Role of budgets
- Budget as a tool
- Planning tool
- Control tool
- Motivational tool
- Means of communication
- Planning tool
- As a formal quantification of mgmt's plan
Anmerkungen:
- 1)Corporations have goals for market share,profitability,growth,dividend payout etc,these goals cannot be achieved without careful planning about the allocation of resources and the expected results. 2)A budget lays out in specific terns an organization's expectations about the consumption of resourcese and the resluting outcomes
- As overall planning and evaluation process
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- Budget as a tool
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