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1. Analyse the role of budgets in planning and controlling business activities.
(5 Marks)
2. Discuss the problems of using traditional budgets for BOTH planning and control.
(5 Marks)
3. Suggest solutions to the problems of the traditional budgeting model.
(8 Marks)
4. Research the implications of your suggested solutions for a (preferably NZ or Australian) company of your choice. Your research should include comments on the feasibility of your suggestions given current country, industry and company conditions. [ONLY use publicly available information. Students can access professional and industry periodicals on AUT library databases; e.g. ABI/INFORM Global, Business Source Complete, Emerald Fulltext] |
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