It is important that an effective business plan establishes a comprehensive relationship between budgets, long term strategies and short term operating plans. ... The relationship between budgets, long term strategies and short term operating plans occurs in numerous dimensions. ... Nearly all programs of an organization must be acted upon annually. ... A budget ensures that the financial position of the company advances its overall short term operations and long term strategies and provides the foundation required to achieve the objectives. Lack of a budget impairs the ability of a company to...

• Word Count: 1070
• Approx Pages: 4
• Grade Level: Undergraduate

Proper money management is an essential part of maintaining a financially healthy home, and there are proven methods that can ensure that your family can become - or remain - fiscally stable. A good place to start is for the family to agree upon who in the household is in charge of the fiances (typi...

• Word Count: 949
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

This requires a level of co-operation, diplomatic skill and understanding of foreign government's economic policies and strategies. ... Future management must therefore act as a hub in all areas of the company, not just a supervisor, with a 360 degree awareness of all business activities. ...

• Word Count: 1185
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate