In order for a business to maintain a profit, it is wise to place restrictions on how much an employee or division of the company can spend to achieve its goal. So they are provided with a budget, and are expected to stay within it.
it is important they set budgets because they could easily need more than they can pay.
Although budgets may not help you save money when a need arises, a budgetwill cut down wastful and useless spending.
ask your brain
Yes, all budgets depend on sales budgets because budgets can't exceed the amount of available money. When sales are poor, the budgets will be smaller.
About operational budgets can be read in
Budgets are not expressed in dollar value termed non-financial budgets.
They need to have a budget because they have to know how much money will be needed on the plan
Costs need to be controlled because your costs cannot exceed your budget or you will have a negative balance; thus you would not be making any money. you also need to monitor your budgets as your budget always needs to be more than your costs or your business will go out of business.
Budgets for what specifically?
A department of strategy and budgets dur lol
It helps people record how much they save and what they need to fix on their budget.
One impact that the Korean War had on US budgets was that military spending increased and became a larger proportion of future budgets.