M:MANAGEMENT
M:MANAGEMENT
6th Edition
ISBN: 9781260062885
Author: BATEMAN
Publisher: RENT MCG
Question
Book Icon
Chapter 14, Problem 2DQ
Summary Introduction

Case summary:

Company T was started by Person TS, which does recycling activity of the wastes. At present, the company has 8 offices all over the world with 125 employees, and the programs of recycling in larger than 350,000 places.

The reason for the success of the company is the usage of plant fertilizer product, which is less expensive. It is manufactured from red worm’s waste, which eats garbage, thus, it does not need any labor expense. The main objective of Person TS is to remove the waste by developing collection and solution system for anything useful.

To discuss: The budgetary control elements that Person TS utilise to assist his business in its development and growth.

Blurred answer
Students have asked these similar questions
Describe the budgeting process, three major budgeting challenges, and the four major types of budgets.
a) When is there an enforceable contract? Is it when the parties agree on the business terms or when the legal terms are finalized? Explain highlight an example of a business situation    b) Explain why an enterprise which is making profit can still go under?    c) What is controlling as a management function and what systems are put in place as control systems?    d) What is budgeting and what are the benefits of budgeting?
Every manager makes three decisions when carrying out the financial Functions. Justify their decisions.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning