search query: @indexterm budgetary control / total: 121
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| Author: | Perrin, S. Murdoch, A. |
| Title: | Budget, don't fudge it Keep the sales team sweet |
| Journal: | Management Today
1998 : JAN, 1, p. 88-89 |
| Index terms: | COMPANIES GROWTH BUDGETARY CONTROL |
| Language: | eng |
| Abstract: | Most people benefit from a little creative fantasy in their lives. But when it comes to creating the annual budget, pull your head from the clouds. Workable figures require facts, firm assumptions and full managerial cooperation. The budget is a business fundamental, the primary control tool which management uses to monitor the progress of the business during the year. It sets out in financial terms management's vision of how the company should develop in the short to medium term and is a vital defence against bankruptcy. |
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