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a) Describe the SIX steps in budgetary process and explain how ZERO Based budgeting can be applied in strategic planning to improve organisation performance. (7
a) Describe the SIX steps in budgetary process and explain how ZERO Based budgeting can be applied in strategic planning to improve organisation performance. (7 marks) b) Identify and comment on any FIVE inherent weaknesses of annual budget model irrespective of the budgeting approach that is applied. (6 marks) c) Discuss ways in which the EACH of the following models for implementation of strategic change work: i. Benchmarking ii. Balanced scorecard iii. BCG Matrix (12 marks)
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