0704-883-0675     |      dataprojectng@gmail.com

THE ROLE OF BUDGETING IN STRATEGIC PLANNING

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 5000

THE ROLE OF BUDGETING IN STRATEGIC PLANNING

The objectives of this research are to: (1) investigate how budgeting integrates with strategic planning processes, (2) identify key budgeting elements that support strategic goals, and (3) assess the impact of budgeting on long-term strategic outcomes. A survey design was selected for its ability to collect diverse insights from strategic planners and financial managers. Using Taro Yamane's formula, a sample size of 385 participants from corporate organizations in Abuja was established, ensuring comprehensive representation. The corporate sector was chosen for its structured strategic planning processes. The reliability coefficient score of the survey was 0.87. Findings indicate that effective budgeting is crucial in strategic planning, aiding in resource allocation, setting financial targets, and ensuring alignment with strategic objectives. Recommendations include integrating budgeting processes with strategic planning cycles, fostering collaboration between finance and strategy teams, and utilizing advanced budgeting tools to support strategic decision-making.





Related Project Materials

THE IMPACT OF E-COMMERCE ON THE EMERGING MARKET PERFORMANCE

EXCERPT FROM THE STUDY

Traditional marketing considers “product” as anything which  can be  offer...

Read more
ENVIRONMENTAL EFFECTS OF THE USE OF AGRO- CHEMICALS FOR RICE CULTIVATION IN UFUMA, ORUMBA NORTH LOCAL GOVERNMENT AREA; ANAMBRA STATE

ABSTRACT

The study delved into the effect of the use of agrochemical in rice farming using Ufuma, Orumb...

Read more
THE POLITICAL ECONOMY OF CROSS BORDER CRIMES AND SOCIO-ECONOMIC DEVELOPMENT OF ECOWAS MEMBER STATES (A CASE STUDY OF NIGERIA)

Abstract

The study discovered in details the security challenges in the era of globalization in Nigeri...

Read more
An Assessment of Cash Flow Management in Fish Farming Enterprises in Minna LGA

Background of the Study

Fish farming is an important part of the agricultural sector in Minna LGA, contributing significantly to local fo...

Read more
THE IMPACT OF CULTURAL FIT IN RECRUITMENT DECISIONS

Abstract : THE IMPACT OF CULTURAL FIT IN RECRUITMENT DECISIONS

This study examines the impact of cultural fit in recruitment decisions, f...

Read more
The Impact of Warehouse Management Strategies on Supply Chain Efficiency in MTN Nigeria, Nasarawa State

Background of the Study

Warehouse management plays a crucial role in ensuring that goods are stored efficiently, picked accurately, and d...

Read more
Exploring the Role of Grassroots Journalism in Election Monitoring in Doma LGA, Nasarawa State

Chapter One: Introduction

1.1 Background of the Study
Grassroots journalism, characterized by co...

Read more
THE EFFECT OF FRAUD AND FINANCIAL CRIMES ON THE ECONOMY OF NIGERIA (2007-2015)

ABSTRACT

This study is aimed at determining the impact of fraud and related financial crimes on the growth and developme...

Read more
AN ASSESSMENT OF THE PUBLIC RELATIONS STRATEGIES OF REBRANDING THE NIGERIA POLICE FORCE

Abstract

This research work assesses public relations as a tool for repositioning the image of  th...

Read more
THE SIGNIFICANCE OF EXTERNAL AUDITING IN THE BANKING INDUSTRY (A STUDY OF FIRST BANK OF NIGERIA PLC IN LAGOS)

ABSTRACT

The aim of the study was to examine the significance of external auditing in the banking industry. External Aud...

Read more
Share this page with your friends




whatsapp