Strategize how corporate performance management can turn

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Question: Budgeting can be one of the most problematic, complex, and tedious aspects of the business planning cycle. In most cases, the reasons for this widespread discontent can be traced back to two key issues: (i) A poor budgeting process and (ii) inappropriate tools.

Based on this, address the following in a 500 word paper:

Strategize how Corporate Performance Management can turn the budget into a competitive advantage.
A budget is more than just numbers. Explain some of the raw materials that can be used to help build this concept.

Use proper writing mechanics, grammar, spelling, and APA (latest edition) formatting. Please use APA (latest edition) formatting for any additional resources used.

Reference no: EM133265102

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