In your own words discuss how Programs, Budgets, and Procedures can be used to create a successful strategy.
Expert Answer
Program:- It is statement of activities/steps needed to accomplish a single use plan.
Budgets:- It is statement of a corporation’s program in terms of money. We need to link the development of the budget with the organizational strategy. Cost management steps needs to be linked with budget for a successful strategy. For a successful strategy budget complexity should be reduced with the budget cycle time as well.
Procedures:- Procedures are the system of steps/technique that describe in details how a particular
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