Budgeting is a critical communication tool. This course steps the student through a typical budgeting process. A successful approach is described in a step-by-step manner with the intent of maximizing buy-in from employees.
- Understand why budgeting is a critical communication tool for a business
- Articulate how a company can approach the budgeting process to maximize buy-in
- Contrast zero-based budgeting with incremental budgeting