Economics: Practical Application of Cost & Budgeting Practices in a company

Economics: Practical Application of Cost & Budgeting Practices in a company
“Practical Application of Cost & Budgeting Practices in a company”

Guidance Notes:
1) Select any one business organization from anywhere in the world where you have direct access. It can be a small business / store / medium sized business or a large company. It may or may not be listed on a stock exchange.
2) Based on what you learn in the module, do a survey of the business about:
a. Nature of the business
b. Organization Structure
c. Products / Services Portfolio
d. Different types of cost with examples
e. Budgeting practices
3) Critically evaluate (points in favour and against) and then write your own conclusion and recommendations for the future growth of the business.
4) You must have taken at least 1 interview directly with the person involved in the business. (provide contact details of the interviewee in the Appendix).

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