Budgetary control is the process of determining various budgeted figures for the enterprise and then comparing the actual performance with the budgeted figures for calculating the variances, if any. Definition…
What is Budget? A budget is a monetary and quantitative expression of business plans and policies, prepared in advance, to be pursued in the future period of time. According to…
In previous article of what is cash management? We know to why is important of cash management in an organization. Now, We know that basic strategy of cash management. Cash…
Cash is basic input to start a business unit. Cash is initially invested in fixed assets like plant and machinery, which enable the firm to produce products and generate cash…
What is receivable management? Where to use of receivable management and what is the main objectives of receivable in management? In this article we explained the importance of receivable management…
Inventory management considers what to purchase, how to purchase, how much to purchase, from where to purchase, where to store and when to use for production etc. Inventory management means,…
What is the decision-making? what is follow Guidelines for Effective Decision making? How to make a effective decision making? What things in mind for time of take decision for business…
What is decision? Why this is important in management? What are classified of decision in management? and how and why can decision affect in our or business future ? The…