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do you think top-down budgeting or bottoms-up budgeting results in more out-of-the-box thinking? Support your view.
Step by step
Solved in 3 steps
- Which is more important- planning or controlling? How are they different? What is a break-even point? How is an organization's financial planning and control similar to your personal budget process?How does an organization evaluate and adjust its plans based on changing circumstances and feedback?what is the SWOT ANALYSIS in Procter and gamble?
- Which database would you select for your budgeting? What are the factors you took into consideration when making this decision? Please discuss.What is the role of technology in planning? How can organizations leverage technology to improve their planning processes and outcomes?What are the differences between "incremental" and "revolutionary" strategies, as well as "intended" and "actual" strategies? Do you think one is more valuable than the other? If so, why? Have you considered what the barriers to strategic planning are? What might those challenges be in your sphere? How can an organization overcome barriers to strategic planning?
- https://youtu.be/C0UOvhnIqxE which outlines management decisions based on an organization's focus on either profitability or liquidity? Why are these important goals seemingly at odds? Under what circumstances might one be more important than the other?What are the advantages and limitations of different types of planning methods, such as scenario planning or contingency planning?Conduct a personal analysis of yourself and an analysis of current situation. What are your strengths and weaknesses? What external opportunities or threats might affect any plans you might make? It should include a complete analysis of your current situation. Your discussion should focus on the following important points:a. Identify your three strongest soft skills (These must be the skills which you have practiced and developed in college). Show with evidence how you have developed these skills.b. Discuss about the experience in college and the current sources available to you to improve your soft skills.