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Planning to Achieve Budget Goals:
It is insufficient for an organisation or a project team to simply set budget goals and expect management and employees to work in the same manner as normal in order to achieve the new goal.
Budget goals must be accompanied by planning to assist staff to meet the new targets.
Planning may include:
Modi Wires and Cable Ltd intends to finance its INR 20 million modernization plan for which it is trying to decide between debt and external equity. The management feels that the e
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