Academic Paper from the year 2017 in the subject Business economics – General, grade: 5.50, Anglia Ruskin University, language: English, abstract: Budgeting is one of the most important areas of company’s activity, being highly susceptible to challenges in the business medium. Thus, this report outlines the benefits from having a budget system, as well as the positives of the budget process to the development of the company. However, even traditional budgeting system has its negatives for the company; it does not inspire change, the method does not offer incentives, inspires expenses at any price, without the absolute necessity of performing them. Importantly, an analysis of the suitability of the incremental budgeting system within the context of the industry Uni Date operates into has been made.
About the author
We are Silviya Stamenova and Kostadin Ruychev and we have been academic writers for the past 7 years.
At present, Silviya is bachelor in Applied Linguistics – English and French and Finance. Kostadin is Master in Law.
For 2011 Silviya has scored 8.0 on IELTS exam.
Our academic fields are hospitality management, customer service, English literature and grammar, as well as European Law.
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