List and Describe Three Reasons Why a Company and Its

question 46

Essay

List and describe three reasons why a company and its managers could benefit from the use of budgeting.

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Definitions:

Hydroelectric Power

The generation of electricity using flowing water to drive a turbine generator.

New Deal Coalition

A political alliance in the United States, formed during the 1930s under President Franklin D. Roosevelt, bringing together diverse groups to support the New Deal and Democratic Party.

Urban Working Class

The segment of the population that lives in cities and performs manual labor or factory work for wages.

Wealthy Businesspeople

Individuals with significant financial assets and influence, often playing a key role in economic and political spheres.