Distinction Between Budgeting and Financial Planning

Write a 3-page paper (APA 7th format, no abstract required) with the following key points:

  1. Explain the distinctions between a budget and a financial plan and assess the role of strategic management
  2. Explain how budgeting plays an integral role in the financial planning and the strategic management
    process.
    When considering these questions, take some time to think through how you will structure your paper. Be sure
    to support your work by referencing the textbook – chapter 1, 4, & 7 and supporting it with two additional
    references..

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