Describe how each of the following factors impact on budget development. Provide an example to demonstrate...
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Describe how each of the following factors impact on budget development. Provide an example to demonstrate your comments Growth or decline in economic conditions Human resource requirements New legislation or regulation Organisational and management restructures Organisational objectives Shift in market trends Significant price movement for certain commodities or items Supplier availability and cost Describe how each of the following factors impact on budget development. Provide an example to demonstrate your comments Growth or decline in economic conditions Human resource requirements New legislation or regulation Organisational and management restructures Organisational objectives Shift in market trends Significant price movement for certain commodities or items Supplier availability and cost
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1 Growth or decline in economic conditions The growth or decline in economic conditions can significantly impact budget development During an economic growth phase organizations may have higher revenu... View the full answer
Related Book For
Project Management The Managerial Process
ISBN: 9781260570434
8th Edition
Authors: Eric W Larson, Clifford F. Gray
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