Professional Custom Accounting: Explain the difference between the capital budget and the operational budget.
Explain the difference between the capital budget and the operational budget. How does administration use the capital budget and operational budget to assure objectives are accomplished?
What happens if senior management is not involved the way they should be? Do you think the person in charge of the strategic business plan can successfully implement on their own?
Have you been in a situation at work where change was implemented without any action plan, how did it work out for you?
Have you ever experienced change and was it a positive or negtive experience based on the involvement with management?
What actions can senior leadership take to allocate organizational resources to support the accomplishment of the organization’s action plans?
Please include references
