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Evaluate the effectiveness of the budgeting process to reduce the total cost of future purchases in the organization. Create strategies for financial and operational improvements
Evaluate the effectiveness of the budgeting process to reduce the total cost of future purchases in the organization. Create strategies for financial and operational improvements for future profitability. Explain how the use of a balanced scorecard informs the strategic analysis of the organization. Summarize how to effectively present the balanced scorecard to the organization. Determine the impact of the cost data analysis and the master budget on future profitability. Consider the following in your response: Financial stability Connection to ESG initiatives Provide financial recommendations to a leadership panel based on the cost data analysis and the master budget
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