Question

1. What are three reasons why budgets are important?

2. In order to make business decisions, managers need to keep current with the news. Find a business article within the past two weeks that deals with business. Summarize the article in one paragraph consisting of three to five sentences. Here is the information to include: Name of article Author Publication--please use a business publication such as, Wall Street Journal, New York Times, National Public Radio Date of article Subject matter Why it appealed to you

Answer 1

what are three reasons why budgets are important?-the main is following reasons;

1. Budget is helping the management and company in fixing their managerial decsion on each revenue enhancement and maintaing the operating profit;

2. making the track for the future forecast during the operation actual period.

3. Budget creation is helping us to plan your future action on expenditure on variable costs, fixed cost in terms of managing like.maintaining the proportionate cost ratio.

2. In order to make business decisions, managers need to keep current with the news. Find a business article within the past two weeks that deals with business. Summarize the article in one paragraph consisting of three to five sentences. Here is the information to include: Name of article Author Publication--please use a business publication such as, Wall Street Journal, New York Times, National Public Radio Date of article Subject matter Why it appealed to you