What are the different ways to classify budgeting

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Reference no: EM133224981

Question 1. What is the definition of planning? Of strategic planning? Of operational planning?

Question 2. What are the planning horizons for strategic planning and operational planning?

Question 3. How would you explain the different management approaches to planning?

Question 4. How would you describe each step, in order, in the strategic planning process?

Question 5. How would you describe each step, in order, in the operational planning process.

Question 6. How would you imagine organizations that do not engage in meaningful strategic planning would look?

Question 7. Who is responsible for evaluating the progress of the strategic plan and the operational plan?

Budgeting

Question 1. What is the definition of budgeting?

Question 2. What are the different ways to classify budgeting?

Question 3. How would you explain the different management approaches to budgeting?

Question 4. What are the steps in the budgeting process, and how would you describe each step, in sequence?

Question 5. Who is responsible for evaluating budget performance?

Reference no: EM133224981

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