FIN 575 Wk 6 Discussion – Business Budget

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Organizational budgets assist businesses leaders with awareness of expenditures and managing resources. Businesses use a variety of budgets to measure their spending and develop effective strategies for maximizing their assets and revenues. Organizational budgets are generally designed to meet specific needs of the organization.

Discuss the benefits that may be achieved by creating a business budget.

Discuss the likely organizational problems that may arise from not creating a business budget.

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.