History of Indian Budget India’s first Finance Minister Sir R.K. Shanmugham Chetty‚ presented the first Finance Budget of independent India on November 26‚ 1947. Since then‚ 28 differentUnion Finance Ministers have been presenting the budget year after year. Initially‚ major attention was paid towards the agriculture sector but as the economy evolved‚ the focus shifted from agriculture to other sectors like industrial‚ financial etc. During the early the fifties‚ Indian budget highlights revolved
Premium Budget Sales Variable cost
BUDGET According to CIMA ‚ Official Terminology “A budget is a financial and /or quantitative prepared prior to a defined period of time ‚ of the policy to be pursued during that period for the purpose of attaining a given objective.” In the words of Crown and Howard ‚ “ A budget is a pre- determined statement of management policy during a given period which provides a standard for comparison with the results actually achieved.” BUDGETRY CONTROL Budgetary control is the process of determining
Free Budget Budgets
1. Perform a SWOT analysis for KL. Strengths: - Qualified and motived workforce: good work conditions‚ incentives (stock options‚ bonuses‚ various helps…)‚ talented engineers - Products with leading-edge technology: hourly updates‚ efficiency for detecting viruses - great international adaptation: ability to answer to needs of each market -> KL won many awards for the quality of its software‚ the good work conditions and its capacity to innovate. Weaknesses: - Lower market share in business market
Premium Antivirus software Marketing Trojan horse
Problem and Purpose Statement Templates Templates for Purpose Statements Below are the criteria from the checklist that show the parts required in the problem statement. Samples of a qualitative‚ quantitative‚ and mixed study problem statement are provided as examples. |Problem Statement | |1. General problem identifying need for study: The problem is ______
Premium Problem solving Management Project management
agreeing to a budget and operating within it: Budgets within a business are used to control expenditure‚ and maximise profit. Managing budgets is a vital skill within my role‚ and how I am able to stay on target plays a huge part in my performance reviews. We communicate our trading results on a weekly and monthly basis with our Head of Operations and our Business Director. We need to have an explanation for any variances and have an action ready to remedy the solution. Sticking to a budget is not just
Premium Costs Cost Budget
ED1025 Portfolio Template Critical Reflection Student ID: Word count: Module code and title: ED1025 – Introduction to Special Education Reflect on your experiences in carrying out this assignment and complete the statements below. 1. In the process of doing the assignment I learned… 2. What I found most difficult was… 3. I think the strength of this submission is… 4. Feed forward – in future I will focus on the following
Premium Special education Citation Reference
Case 3: Ben & Jerry’s 1) Ben & Jerry’s has not been successful in fulfilling all three elements of its mission statement. Ben & Jerry’s has been successful in the element of “Product”; they have continued to make‚ distribute‚ and sell the finest quality super premium ice cream in a wide variety of flavors. Ben & Jerry’s has also been successful in the element of “Social”. Since 1985 Ben & Jerry’s has donated 7.5% of its pretax earnings to various social foundations and
Premium Stock market Financial ratio P/E ratio
Business Plan January 1‚ 2009 Table of Contents 1.Introduction 4 2.Executive Summary 4 3.Mission‚ Strategies‚ etc. (Company‚ Strategy and Management Team) 5 3.1.Vision 5 3.2.Mission 5 3.3.Objectives/Goals 5 3.4.Keys to Success 6 3.5.Strengths‚ Weaknesses‚ Opportunities and Threats (SWOTs) 6 3.6.Strategies 7 4.Products and Services 8 5.Revenue Sources 9 5.1.Paid Per Click Advertising – Google AdSense 9
Premium Strategic management Revenue Management
Case 3.1 Enron: Understanding the Client’s Business and Industry Price‚ Ria; Walters‚ Jessica 1. Inherent risk‚ a component of the audit risk model‚ refers to the susceptibility of the accounts to material misstatement‚ without regard to the systems internal controls. Inherent risk is a function of the nature of the client’s business‚ the major types of transactions‚ and the effectiveness and integrity of its managers and accountants. A clear understanding of the audit client’s business model is essential in assessing
Premium Auditing Internal control Natural gas
Business Plan Template The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It is divided into several sections. Work through the sections in any order that you want‚ except for the Executive Summary‚ which should be done last. Skip any sections (s) that do not apply to your type of business. When you are finished writing your first draft‚ you’ll have a collection of small essays on the various topics of the business
Premium Marketing Strategic management Marketing plan