We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Behavioural Aspects of Budgeting - Essay Example

Comments (0)
Summary
Furthermore, this paper discusses the behavioural aspects of budgeting and their impact on employee and the said company’s performance. According to Innes…
Download full paper
GRAB THE BEST PAPER
Behavioural Aspects of Budgeting
Read TextPreview

Extract of sample
Behavioural Aspects of Budgeting

Download file to see previous pages... However, before anything else, it is a good idea to understand something about the chosen company.
The Southeast Asia (S.E.A.) Olympus Marketing Incorporated is one of the affiliates of S.E.A. Olympus Group of Companies, which was founded in the Philippines in 1983. The other affiliates are SPARKO, distributor of imported surface coatings and SCADE Industrial Corporation, a manufacturing plant of stainless water tanks such as storage water tanks and hydro pneumatic pressure tanks. The S.E.A. Olympus Marketing Incorporated is both a trading and manufacturing company which operates nationwide in the Philippines. It has branches in the three major islands of the Philippines. The S.E.A. Olympus Marketing Incorporated is responsible for the distribution of products produced by other affiliates. Originally, the company was a distributor of composite materials such as resin and fiber glass to the fishing and fashion industries.
Today, the S.E.A. Olympus Marketing Incorporated is having a link with its main suppliers in Singapore, Taiwan and China. This year, it is planning to expand in the entire country and later in the Southeast regions in Asia. As of the moment, it has sub-business units (SBU) in the major cities in the Philippines as part of its strategic positioning. This year, its goal is to expand, but part of it is to carefully manage its finances.
At the national level, the S.E.A. Olympus Incorporated might appear to have a very complicated organizational working structure of working departments. For the purpose of looking at the micro level of the organization’s activity, this paper examines the working business units in the country. S.E.A. Olympus Marketing Incorporated is composed of sub-business units working together for one goal. Each of this sub-business unit is composed of general support group and frontline group. The general support group is composed of the Accounting ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
BUDGETING
This is, till now, considered to be the roadmap for the future development of a business. It clearly states about business’s objectives, business finances and its forecasts, and business’s share in the market (Wildavsky, 1996). Budgeting is a tool which can measure the success of the business, its rate of growth and possibilities of further future development.
3 Pages(750 words)Coursework
Management and Cost Accounting: Planning, Control and Budgeting
Accounting is a process of tracking record of varied transactions in an appropriate manner. Moreover, accounting is a procedure of recording transactions of businesses with relation to receipt and payment as well as incomes and expenditures.
11 Pages(2750 words)Essay
Human Behaviors in Budgeting
Budget is used in business organizations for developing future plans for production, sales, training and almost all other activities. Budget can be used for managing the administrative operations and motivating employees to perform coherently with the organizational goals.
8 Pages(2000 words)Essay
The use of budgets in the improvement of management performance and control within global businesses
The use of budgets in the improvement of management performance and control within global businesses Introduction Budgeting is a management tool for performance measurements and its variants have appeared from time to time depending upon the market situation, prevailing competition etc.
5 Pages(1250 words)Essay
The Purposes of Budgeting
Accounting Table of Contents The Purposes of Budgeting 2 Conventional Budgeting Process in the Global Context 2 Zero-based Budgeting 3 Activity-based Budgeting 4 Beyond Budgeting Model 4 The Behavioural Aspects of Budgeting 6 Reflection 7 Bibliography 8 Traditionally, the main use of budgeting has been to control expenses and facilitate planning process.
6 Pages(1500 words)Essay
Budgeting
Budgeting Introduction:Budgeting plays an important role in a business. It is very significant for the reason that it permits the firm to ensure of how much credit it may provides to consumer before it begins to have liquidity troubles. “Cash budget is an opinion of inflow and outflow of the business of an organization for a particular period of time” (Foley 2009).
3 Pages(750 words)Essay
Behavioural Aspects of Marketing
Application of consumer behavioural theory to the company and its strategic band management is imperative for furthering the marketing dimension. Everybody, in the modern society, is a consumer with professional and personal dimensions. Whatever is the age, profession and region could be, all of us are consumers in one way or other.
10 Pages(2500 words)Essay
Behavioural Studies
An organisational stakeholder can be defined as "anyone with an interest, or stake, in the actions of the organisation and its members" Buchanan and Huczynski (2004). This definition of organisational stakeholders includes those internal and external to the organisation.
4 Pages(1000 words)Essay
Describe the key stages of budgetary process, (b) Critically evaluate, referring to the research findings the social significance of budgeting in modern organisations
It shows the strategic planning of the business firm. Budgeting helps the company to compare between the standard and actual revenues and production capacity of the company. Budget is influenced
12 Pages(3000 words)Essay
Management & Budgetary Control and the Beyond Budgeting debate
as very critical for the optimum performance of the organization as it provides the set pattern to the management that it has to follow and makes the job of making performance analysis easier for the management as it is taken as the criteria against which the output or outcomes
8 Pages(2000 words)Essay
Let us find you another Essay on topic Behavioural Aspects of Budgeting for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us