Budgeting in Organizations: Process, Purpose, and Types
VerifiedAI Summary
This report contains an introduction to budgeting in organizations, the process of budgeting as well as the purpose of the process to a firm, country and an institution. Further the report outlines the traditional budgetary process and its application to the current world. The report further defines three different kinds of budgets which are, zero-based, activity based and the rolling budget. Finally this report concludes with recommends the best budget which the Snappy Drinks could have used.