Business of the changing world
Based on the recommended readings and your own experience, post a 100 word minimum response to the following discussion question. Please, make sure your answer reflects your own words and critical thinking.
Responses must be written in APA style. In-text citations and references are required when utilizing outside sources of any kind. Review the citation requirements located under the Week 1 Course Materials, Discussion Rubric.
Answer all parts to the discussion question.
A) Why is the budgeting process important to a business?
B) What does the term “the bottom line” mean to an organization?
C) Share your experience in working with a budget.
……………….Answer Preview……………….
Budgeting is very important in a business. The budgeting process involves forecasting the expenses and incomes of the business. A budged gives a clear roadmap to the members of an organization on any future expenditure. A budget also helps an organization to plan its finances for any activities and projects that may require financing by the business. Budgeting also enables members of an organization to…
APA
380 words