Assume You Have Just Been Hired by a Large Manufacturing

question 99

Essay

Assume you have just been hired by a large manufacturing company and have been assigned to a team that has the responsibility of gathering the data for completing the company's operating budget.Your first assignment is to make the initial contact with the department managers who will be providing data to insure that everyone involved knows the importance of preparing a realistic budget.The first manager you approach does not appear to know what an operating budget is and apparently is not interested in assisting your team in preparing a meaningful budget.Prepare a written memo to the managers explaining what the operating budget is,its components,and its importance.

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Definitions:

Policies

Guidelines or rules established by organizations, governments, or institutions to influence decisions and achieve rational outcomes.

Future Employment

Prospects or expectations regarding job opportunities, roles, and careers in the coming years, influenced by economic trends, industry developments, and technological advancements.

Benefits

Advantages or positive outcomes that are derived from a particular action or situation.

Temporary Worker

An individual employed on a non-permanent basis, typically to meet seasonal or project-based demand.