BUGETARY CONTROL IN THE MARKETING AND MANUFACTURING ORGANIZATION

1.0INTRODUCTION
1.1BACKGROUND OF STUDY
Whenever the demand for factors of production is greater than the supply, some method of apportioning them among different uses has to be employed and this brought the need for budgeting and control.  In a perfect competition, they would be distributed among different employments according to the demand for them, equilibrium being achieved when the marginal productivity of each was the same in all occupations (J.L.Hanson, 1977).
Budgeting being the single most important decision making process can therefore be considered an important part of the classic management cycle of planning, action and control or more specifically, as part of a total management system that includes: -
-strategy formulation and implementation
-planning systems
-budgeting systems
-organization
-production/marketing systems
-control/reporting systems.
As long ago as 1931, the Macmillan Committee on Finance and
Industry recommended control of investment.  To support his policy of full employment, lord Beverage suggested that since investment was easier to control than saving, the two should be brought into line by imposing control over investment.  Since investment cannot exist without budget and implementation, there became the need for budgetary control rather than investment control (Ifeanyi .A. Arji, 1997).

TABLE OF CONTENTS

TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
TABLE OF CONTENTS

CHAPTER ONE
1.0INTRODUCTION
1.1BACKGROUND OF THE STUDIES
1.2STATEMENT OF THE PROBLEM
1.3PURPOSE FO STUDY

CHAPTER TWO
2.0REVIEW LITERATURE
2.1BASIC CONCEPTS OF BUDGETING AND BUGETARY CONTROL
2.2TYPES OF BUDGETS FOR PLANNING AND CONTROL
2.3BUDGETARY CONTROL IS AN ORGANIZATION
2.4PRESENTATION ANALYSIS
2.5BUDGETARY ANALYSIS
2.6OPERATIONAL AND ADMINISTRATIVE EXPENSES
2.7TYPES OF BUDGETARY CONTROL
2.8BUDGETARY CONTROL PROCESS
2.9BUDGETARY AN EFFECTIVE MEANS OF PLANNING BUDGET ANALYSIS

CHAPTER THREE
3.0SUMMARY
3.1RECOMMENDATION
3.3CONCLUSION
REFERENCE




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APA

Ugwu, A. (2018). BUGETARY CONTROL IN THE MARKETING AND MANUFACTURING ORGANIZATION. Afribary. Retrieved from https://afribary.com/works/bugetary-control-in-the-marketing-and-manufacturing-organization-7692

MLA 8th

Ugwu, Anderson "BUGETARY CONTROL IN THE MARKETING AND MANUFACTURING ORGANIZATION" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/bugetary-control-in-the-marketing-and-manufacturing-organization-7692. Accessed 14 Jun. 2024.

MLA7

Ugwu, Anderson . "BUGETARY CONTROL IN THE MARKETING AND MANUFACTURING ORGANIZATION". Afribary, Afribary, 29 Jan. 2018. Web. 14 Jun. 2024. < https://afribary.com/works/bugetary-control-in-the-marketing-and-manufacturing-organization-7692 >.

Chicago

Ugwu, Anderson . "BUGETARY CONTROL IN THE MARKETING AND MANUFACTURING ORGANIZATION" Afribary (2018). Accessed June 14, 2024. https://afribary.com/works/bugetary-control-in-the-marketing-and-manufacturing-organization-7692

Document Details
By: Anderson Ugwu Field: Accounting Type: Seminar 29 PAGES (3413 WORDS) (doc)