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\nIntroduction to Budgeting for Business\n

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\nThis is a lecture presentation on the concept of budgeting and why it is important for businesses to budget across different layers of the company. The speaker defines what a budget is, compares it to personal budgeting, and explains how...\nThis is a lecture presentation on the concept of budgeting and why it is important for businesses to budget across different layers of the company. The speaker defines what a budget is, compares it to personal budgeting, and explains how businesses can benefit from budgeting by providing a nice roadmap for spending, providing a benchmark to analyze performance levels against, helping large firms administer cost decisions, and more. The speaker also explains the purpose of budgets, how to go about budgeting, the different aspects a budget can cover, and the rationale for setting budgets.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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11:57
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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business, budgeting, cost, marketing
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Additional Tags

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a-level, edexcel, only, introduction, to, cost ceiling, 1st place, students enrolled, trading year, corporate objectives, individual departments, extremely important, marketing department, year, department, subject, departments, budget, holiday, costs, important, make, allocated, focus, budgets, individuals, staff, businesses, spend, concept, company
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Introduction to Budgeting for Business\" href=\"/subscription/new\">\"Introduction\n\n
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