Why Does a Company's Budget Need to Be Closely Linked

question 46

Essay

Why does a company's budget need to be closely linked to the needs of good strategy execution? Why might a change in strategy call for budget reallocations?

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Definitions:

Second Continental Congress

A convention of delegates from the Thirteen Colonies that started meeting in the spring of 1775 in Philadelphia, leading to the adoption of the Declaration of Independence in 1776.

American Independence

The state of being free from British rule, officially declared on July 4, 1776, by the Thirteen Colonies.

Robert Livingston

An American lawyer, politician, and diplomat who served as one of the Founding Fathers of the United States, notable for helping to draft the Declaration of Independence.

Benjamin Franklin

Benjamin Franklin was one of the Founding Fathers of the United States, known for his contributions as an inventor, diplomat, writer, and statesman.