Description
Mr Amjad, head of the finance department, is preparing a report to the Board of directors of Bahwan LLC. The CEO raised concern on a very loose in control on the budget. Majority of the departments spent more thane the allocated budgets. Prepare a report for Mr Amjad structured as follows:
Introduction: Analyse the Locus of Control in Budgeting.
Discussion:
1- Discuss the implication of budget control on company performance.
2- Discuss the impact of budget variance on the performance of the manager.
Sample Solution