Create an operating budget for the strategic management plan

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Question: ATTACHED IS THE COMPANY SELECTION TO BE RESEARCHED AND INFO GATHERED SO FAR

An operating budget is the annual budget the company creates for particular functional/sub functional categories, departments, and other accounts. It involves an estimated total value of the resources that are required to perform the various operations.

With this in mind, create an operating budget for the Strategic Management Plan. So far we looked at marketing, human resources, and operations/supply chain management. Include several subcategories for each department involved.

For example, one department would be Human Resources and some subcategories may include Training and Development as well as New Employee Orientation.

Attachment:- rough draft.rar

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Operating budgets are prepared so as to measure the costs at a given capacity level and therefore also helps u in understanding the profits that would be earned over a given period of time. Budgets are prepared so as to improve the economic and relative performance of the individuals and the business. Thus, the relevant operating budget has also been prepared for the given business as a whole.

Reference no: EM131619099

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len1619099

8/30/2017 2:38:09 AM

one department would be Human Resources and some subcategories may include Training and Development as well as New Employee Orientation. ***ATTACHED IS THE COMPANY SELECTION TO BE RESEARCHED AND INFO GATHERED SO FAR***

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