POSDCORB: The B of Budgeting is Important

Functions of Management (POSDCORB)
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butch margraf
Student (University), United States

POSDCORB: The B of Budgeting is Important

I have to agree about the budgeting being at the end. Without the money you're not doing anything.

  Krishnamurthy
 

Budgeting

Budgeting is nothing but analysis of performance of previous year and setting forecast for future period.

  Mariano Talanchuk
HR Consultant, Argentina
 

Budgeting is More Than...

Budgeting is more than "analysis of performance of previous year and setting forecast for future period". It must be related with strategy and structure, among other things.

  bund
Student (University), Kenya
 

Budgeting and Management Performance

@Mariano Talanchuk: What is the relationship between the budgeting process and management performance?

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