Skip to content
essay writing tutors
Home » Knowledge Base » > Business & Finance homework help » Assignment 1: Discussion—Working with Budgets

Assignment 1: Discussion—Working with Budgets

Assignment 1: Discussion—Working with Budgets

Assignment 1: Discussion—Working with Budgets

 

Budgets are the driving force behind all organizations. Whether a manufacturing organization, or a service organization such as a medical or public accounting firm, budgets are used not only for planning purposes but also for performance monitoring and evaluation of areas within an organization.

More than likely, you are often required to work with budgets within your organization. Using the module reading and the Argosy University online library resources, research budgets including multiple budgets.
Respond to the following:

  • Describe in detail the budgets that you work with.
  • In your description, what was the objective of the budget i.e., to motivate employees or control costs? (A budget could have more than one objective.) Was the use of the budget successful in achieving the objective?
  • Based on the effectiveness of the budget, what recommendations would you suggest to improve the communication and/or utilization of the budget(s)?
  • Assume your organization has multiple budgets and you are to work with these. Explain how these budgets should be linked together.

Give reasons and examples in support of your responses.

Write your initial response in 4–5 paragraphs. Apply APA standards to citation of sources.

By Saturday, July 12, 2014, post your response to the appropriate Discussion Area. Through Wednesday, July 16, 2014, review and comment on at least two peers’ responses.

Do the following when responding to your peers:

  • Read all posts from your peers.
  • Explain how their experiences differ from yours.
  • Provide substantive comments by contributing new, relevant information or quotes from course readings, Web sites, or other sources; building on the remarks or questions of others; or sharing practical examples of key concepts from your experiences, professional or personal.
Assignment 1 Grading Criteria
Maximum Points

Initial response:

  • Was insightful, original, accurate, and timely.
  • Was substantive and demonstrated advanced understanding of concepts.
  • Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.
16

Discussion response and participation:

  • Responded to a minimum of two peers in a timely manner.
  • Offered points of view supported by research.
  • Asked challenging questions that promoted the discussion.
  • Drew relationships between one or more points in the discussion.
16

Writing:

  • Wrote in a clear, concise, formal, and organized manner.
  • Responses were error free.
  • Information from sources, where applicable, was paraphrased appropriately and accurately cited.
8
Total:
40

Looking for this or a Similar Assignment? Order a Paper Now

%d bloggers like this: