The document outlines a typical budgeting system used for strategy implementation, detailing various components such as long-term objectives, operating strategies, and financial elements like income goals and capital budgets. It emphasizes the importance of monitoring, evaluating, and adjusting budgets to ensure alignment with overall business objectives. Additionally, it promotes the availability of business diagrams from drawpack.com for personal use.

1. A Typical Budgeting System for Controlling Strategy Implementation http://www.drawpack.com your visual business knowledge business diagrams, management models, business graphics, powerpoint templates, business slides, free downloads, business presentations, management glossary Long-term objectives Grand strategy Annual objectives Operating strategy Manufacturing Marketing R & D Administration Financial Capital- investment requirement Capital budget Sales forecasts Income goals Sales/revenue budgets Expenditure budgets and schedules Production Materials Personnel Capital Advertising Selling Personnel Research Overhead Cash flow Capital With which management develops Which are broken down into overall expense and cost goals Budgets and schedules in MONITOR, EVALUATE, AND ADJUST Which are consolidated into Budgeted financial statements 1. Cash flows 2. Income statement 3. Balance sheet

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