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Assignment on Business Finance (Doc)

   

Added on  2020-10-22

10 Pages2973 Words283 Views
BUSINESS FINANCE

Executive Summary: Vision Mix Plc. is the international TV manufacturing company which also producescameras, lights and sound equipment and selling about 60 different types of products. This isoperating within the market for about 25 years ad revenue is that of 250 million with havinglisted on London Stock Exchange. The particular report covers the various types of alternativebudgeting systems which could be helpful for company over specified period of time.

TABLE OF CONTENTSPART 1............................................................................................................................................1i) Purpose of preparing budget, its process and how budget could help in development ofbusiness........................................................................................................................................1ii) Application of traditional budgeting approach with example for business budgeting............1iii) Appropriateness of traditional budgetary system for part of business...................................2PART 2............................................................................................................................................3iv) Alternative budget methods...................................................................................................3v. Application of different budgeting approaches in an organisation..........................................5vi) Analysing one of the method which is appropriate for Vision Mix Plc.................................6REFERENCE..................................................................................................................................7

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