THE ROLE OF FLEXIBLE BUDGETING IN BUSINESS OPERATIONS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
THE ROLE OF FLEXIBLE BUDGETING IN BUSINESS OPERATIONS
This study aims to: (1) explore the role of flexible budgeting in enhancing business operations, (2) identify the key benefits of flexible budgeting, and (3) assess the impact of flexible budgeting on operational adaptability. A survey design was employed to gather data from operational managers and financial planners. Using Taro Yamane's formula, a sample size of 378 participants from SMEs in Lagos was established, ensuring a representative sample. The SME sector was chosen for its need for adaptable budgeting practices. The reliability coefficient score of the survey was 0.86. Findings reveal that flexible budgeting significantly enhances business operations by allowing firms to adjust budgets in response to changing conditions, leading to improved operational adaptability and resource management. Recommendations include adopting flexible budgeting practices, training managers on the benefits of flexible budgeting, and continuously monitoring and adjusting budgets to respond to operational changes.
Related Project Materials
ATTITUDE OF TEENAGERS TO ENGLISH LANGUAGE IN ADO LOCAL GOVERNMENT AREA, EKITI STATE
ABSTRACT
This study was carried out to examine the attitude of teenagers to English language in Ado loc...
SMALL SCALE BUSINESSES AND THEIR ROLE IN THE PROVISION OF EMPLOYMENT TO THE LABOR FORCE
Background of the Study
Small-scale businesses are an important part of Uganda's e...
DESIGN AND CONSTRUCTION OF 1KVA UNINTERRUPTED POWER SYSTEM (UPS)
ABSTRACT
A UPS system is a DC to AC conversion system of 1KVA power rating and expected to carry around 800 watts...
UTILISATION OF KNOWLEDGE MANAGEMENT TOOLS FOR LIBRARY OPERATIONS AND SERVICES IN FEDERAL UNIVERSITY LIBRARIES
Background to the Study
Knowledge is required for society, community and individuals to exist, survive and advance so as...
THE IMPACT OF RECRUITMENT METHOD ON NIGERIA CIVIL SERVICE
ABSTRACT
Procurement of personnel is the first operative function of personnel department. Effective personnel adm...
KNOWLEDGE AND PRACTICE OF INFECTION CONTROL AMONG MIDWIVES
ABSTRACT
The aim of the study is to determine the knowledge, attitude and practices of nurses regarding infection preven...
ANTIBACTERIAL ACTIVITY OF THE LEAF EXTRACTS OF ALCHORNEA CORDIFOLIA (Euphorbiaceae) AGAINST ISOLATES FROM PATIENTS WITH RESPIRATORY TRACT INFECTION IN UNIVERSITY TEACHING HOSPITAL
ABTRACT
Many bacterial species have been reported to develop resistance to antibiotics commonly prescribed for respiratory tract infectio...
USE OF LANGUAGE EXPRESSION IN THE OF RACISM
Abstract
Obviously, it has been brought to mind that racism is one of the major issues in Black American literature and...
ADEQUACY AND EFFECTIVENESS OF FINANCIAL CONTROL IN THE PUBLIC SECTOR
ABSTRACT
This research was aimed at finding out the adequacy and effectiveness of financial control in the public sector...
IMPACT OF GULDER ADVERTISEMENT ON THE_SOCIAL_BEHAVIOUR_OF_STUDENTS_OF_ENUGU_STATE_UNIVERSITY_OF_SCIENCE_AND_TECHNOLOGY_ENUGU.
Background of the Study
The Nigeria marketing environment today is one of aggressive and unfriendly competition among both manufacturers...
