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Operating Budget
It is a collection or set of formal financial documents that details expected expenses and revenues, as like all other expected operating and financial transactions over some particular period of time. Therefore, it outlines the firm's operating plans over that time period. The operating cycle mostly covers one year.
Q. Example on hedge fund? Hedge Fund enters agreement to sell HK$ in six month's. At expiration the Hedge Fund requires to buy spot HKD and deliver these against the short futu
Read the journal article Lafferty, B. A., & Hult, G. T. M. (2001) ‘A synthesis of contemporary market orientation perspectives’, European Journal of Marketing, 35 (1/2), pp. 92–109
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