Question
1. You have just started a new job with a mid-size company as manager of the production department. When you asked for the budget for
1. You have just started a new job with a mid-size company as manager of the production department. When you asked for the budget for your department you were told that the company does not have a budget but that you must get all new expenditures approved by the president. All other expenditures are based on previous purchases and needs.
Compose a short email - because the president it too busy to read anything longer than that - proposing a budget process for your company and more specifically for your department.
2. The president has shown some interest in your suggestion for a budget and has done some research and is asking you about a flexible budget system. Explain to him how a flexible budget works and the advantages of adopting this system for your company.
Compose a short email - because the president it too busy to read anything longer than that - proposing a flexible budget system for your company.
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