Hs440 raquel lytle | Operations Management homework help

 Response to this 75 words and 1 reference 
Creating a budget allows for companies to “plan for financial needs” (WESST) and keep track of the revenues and expenses as they are projected and then accrued. Companies can then make decisions and plans for the daily operations and future of the company. The budget then, allows the company to have a benchmark in place for a period of time such as a year which can be reviewed monthly for overages/shortages. This time allows managers to analyze the budget and make adjustments accordingly now in the moment instead of waiting until the end of the year. This adjustments can reflect the latest news or economic downturn and can help a company stay in business instead of waiting until they are in bankruptcy. When Covid-19 hit the United States and the government was shutting down businesses, managers ha to act fast in their decisions and adjustments for the year. There was no way they could have waited until the end of the year to refigure all of the projections for revenue and expenses.
                I think this topic of having a budget and plan in place is a main point in this class and in our lives. Creating that budget to know where you stand financially allows managers to make informed decisions on what will work best for their company. It also gives them a reference point going forward that they can refer to daily for all of their decisions as long as it’s updated with current information. My husband and I have a monthly budget that we start with for what we want to purchase and set into savings. We review it at the end of the month, but it’s checked daily for expenses and remaining net values in order to make sure all the expenses are paid and there is no overdraft charges. Plus, we like knowing on a Friday night that we have enough money for a pizza or going out to dinner

Order a unique copy of this paper
(550 words)

Approximate price: $22

Our Basic features
  • Free title page and bibliography
  • Plagiarism-free guarantee
  • Unlimited revisions
  • Money-back guarantee
  • 24/7 support
Our Options
  • Writer’s samples
  • Expert Proofreading
  • Overnight delivery
  • Part-by-part delivery
  • Copies of used sources
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

AcademicWritingCompany guarantees

Our customer is the center of what we do and thus we offer 100% original essays..
By ordering our essays, you are guaranteed the best quality through our qualified experts.All your information and everything that you do on our website is kept completely confidential.

Money-back guarantee

Academicwritingcompany.com always strives to give you the best of its services. As a custom essay writing service, we are 100% sure of our services. That is why we ensure that our guarantee of money-back stands, always

Read more

Zero-plagiarism tolerance guarantee

The paper that you order at academicwritingcompany.com is 100% original. We ensure that regardless of the position you are, be it with urgent deadlines or hard essays, we give you a paper that is free of plagiarism. We even check our orders with the most advanced anti-plagiarism software in the industry.

Read more

Free-revision guarantee

The Academicwritingcompany.com thrives on excellence and thus we help ensure the Customer’s total satisfaction with the completed Order.To do so, we provide a Free Revision policy as a courtesy service. To receive free revision the Academic writing Company requires that the you provide the request within Fifteen (14) days since the completion date and within a period of thirty (30) days for dissertations and research papers.

Read more

Privacy and Security policy

With Academicwritingcompan.com, your privacy is the most important aspect. First, the academic writing company will never resell your personal information, which include credit cards, to any third party. Not even your lecturer on institution will know that you bought an essay from our academic writing company.

Read more

Adherence to requirements guarantee

The academic writing company writers know that following essay instructions is the most important part of academic writing. The expert writers will, therefore, work extra hard to ensure that they cooperate with all the requirements without fail. We also count on you to help us provide a better academic paper.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2020 at 10:52 AM
Total price:
$26
The price is based on these factors:
Customer Academic level
Number of pages required
Urgency of paper