operational budgeting
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Discuss the unique points and considerations of operational budgeting.
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The solution discusses the unique points and considerations of operational budgeting.
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One of the major considerations of operational budgeting is that strategic planning and operational budgeting should be closely linked to each other to translate organization's vision, mission and strategy into action plan.
" The operating budget must be reviewed, discussed, and coordinated by a organization's director, financial manager, and department managers. The director's involvement in the budgeting process is extremely important. The director should ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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