Define the budgeting process

Assignment Help Strategic Management

Reference no: EM133916890 , Length: Words Count:350

Assignment:

Explain in your own words, the following models and methods of Strategic Planning: (20 to 30 words each)

a. Issue- or Goal-Based Strategic Planning Model

b. Scenario Strategic Planning Model

c. Alignment Strategic Planning Model

a. What is the purpose of an operational plan in achieving the organisation's plan? Write your answer in 30 to 50 words.

b. How does the operational plan of an organisation impact on different areas of the business? Write your answer in 30 to 50 words.

Define the budgeting process. Write your answer in 30 to 50 words.

Explain the purpose of operational budgeting. Write your answer in 30 to 50 words.

Compare and contrast the Top-Down Versus Bottom-Up budgeting processes. Write your answer in 50 to 80 words.

Reference no: EM133916890

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