NEED ANSWER ASAP / ANSWER NEVER USED BEFORE Explain Budgetary Planning ANSWER THROUGHLY 1-2 pages COPY...

NEED ANSWER ASAP / ANSWER NEVER USED BEFORE

Explain Budgetary Planning

ANSWER THROUGHLY 1-2 pages

COPY AND PASTE NOT ATTACHMENT PLEASE

NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

*****NEEDS TO BE A ORIGINAL SOURCE****

Solutions

Expert Solution

Imagine you are planning a trip with your friends. Practical real life kind not the superficial movie kind.

Let us consider 2 alternate situations.
1. You and your friends go without a plan
2. You and your friends go with a PROPER plan

In the first scenario, surviving would be very difficult. You would be worried since things may be out of your hands. You may not even find a proper place to stay without any advance planning.

In the second scenario, you'd actually enjoy the trip and make some great memories along with gaining rich experience.

Apply this scenario on a company now.

A company is in trading of healthcare equipments. It has just started its business in a new country. In order to do this, in order to have a long term survival A REALISTIC PLAN is necessary.

This plan is known as BUDGETARY PLANNING.

It is the process of CONSTRUCTING a budget and then using the same in order to achieve the desired results. If we set some targets before hand, we can prevent failing. Falling short of targets can be avoided if budgetary planning is appropriate.

Not just this, after execution, proper comparisons are also made.

Comparisons in the form of budgets vs actuals is made. Reasons are found out for major variances. Investigations are made for largest negative variances.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE NEED NEW ANSWER ASAP / ANSWER...

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Explain horizontal and vertical analysis. Do some research .explain why these methods are used. What can we learn from horizontal and vertical analysis statements? How can results vary compared to other corporations and why can ratios better than using dollars? ANSWER THROUGHLY 1 page *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS COPY AND PASTE Answer in paragraphs, and no picture...

, NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Explain horizontal and vertical analysis. Do...

, NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Explain horizontal and vertical analysis. Do some research .explain why these methods are used. What can we learn from horizontal and vertical analysis statements? How can results vary compared to other corporations and why can ratios better than using dollars? ANSWER THROUGHLY 1 page *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS COPY AND PASTE Answer in paragraphs, and no picture attachment please. NEEDS TO BE AN ORIGINAL SOURCE ANSWER...

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE What evidence is there to support...

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE What evidence is there to support the view that a common business culture is spreading throughout the world? Consider factors such as economic and political systems, globalization, the improvement of computers and communications, cross-cultural institutions, and education. please no copy and paste and no handwriting, thank you!!! ANSWER THROUGHLY 1 page *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS COPY AND PASTE Answer in paragraphs, and no picture attachment please....

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE What evidence is there to support...

NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Briefly explain mortgage securitization...

NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Briefly explain mortgage securitization and how it contributed to the economic crisis. ANSWER THROUGHLY 1-2 pages COPY AND PASTE NOT ATTACHMENT PLEASE NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE *****NEEDS TO BE A ORIGINAL SOURCE****

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Research the Ahlstrom corporation. What is...

. NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Research the Ahlstrom corporation. What is Ahlstrom’s strategy in the transmission of culture? Do you think Ahlstrom would have as clear a strategy and follow it so closely if the firm were in a commodity area? Do you think that Ahlstrom is encouraged to pursue its strategy so closely because it is in a small country like Finland? Go beyond Ahlstrom: Why would a firm that has a well-defined strategy...

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE Discuss traditional costing and why a better...

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE Discuss traditional costing and why a better approach is/was needed. Activity based costing (ABC) is the solution since it will enhance the accuracy and effectiveness of costing products by applying overhead costs where they belong. Explain how is this helpful to managers? ANSWER THROUGHLY 1-2 pages COPY AND PASTE NOT ATTACHMENT PLEASE NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE *****NEEDS TO BE A ORIGINAL SOURCE****

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Sam Strother and...

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Sam Strother and Shawna Tibbs are vice presidents of Mutual of Seattle Insurance Company and co-directors of the company’s pension fund management division. An important new client, the North-Western Municipal Alliance, has requested that Mutual of Seattle present an investment seminar to the mayors of the represented cities, and Strother and Tibbs, who will make the actual presentation, have asked you to help them by answering the...

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Write a Strategic...

. NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Write a Strategic Marketing Plan on the Nike brand ,Write in depth detail on the following: Marketing Plan, Draft Environmental Issues Action Programs Budget and Breakeven-Point (BEP) ANSWER THROUGHLY 1-2 pages *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS COPY AND PASTE Answer in paragraphs, and no picture attachment please. NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE

NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Discuss the similarities and difference between net...

NEED NEW ANSWER ASAP / ANSWER NEVER USED BEFORE Discuss the similarities and difference between net present value, payback method, internal rate of return, and average accounting rate of return. Describe each of these and provide unique examples of each one. no picture attachment please. ******NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE*********

Subjects