discussion 3 budget.docx - The topic for this week is...

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The topic for this week is budgets. Why are budgets important to a company? Choose your favorite manufacturing company and describe some of the budgets you think would be useful to that company (operating and financial) and the purpose for each budget. Lastly, do you think the static or flexible budget (or both) would be most appropriate for the company you chose? Budgets are important to a company due to it helps companies reach their goals for their financial future. Budgets also allow a company to control and manage their finances making sure they don’t spend to much and make plans to invest in the future. I chose Samsung as my manufacturing company the
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