Micro Study on Impact of Budgetary Control on Organizational Performance

Authors

  • Dr. Ashok P. Nikam

Abstract

The discussion of budgeting has been a subject of debate over recent years. For this purpose the present study undertaking to know the impact of budgetary control on organizational performance, which is restricted to Dhule District, Maharashtra State. Management has in number of techniques which it uses according to its efficacy and necessity to control the business, particularly for financial control. One of such technique is very effective as a controlling system, that is the budgetary control so far as financial aspect is concerned. Budgetary control involves the use of budgets and budgeting reports throughout the period to coordinate evaluate and control day-to-day operations in accordance with the goals specified in the budget. Budgets are prepared to control operations so that established policies and objectives can be achieved. Budgeting serves to clarify the program, measure efficiency and provide definite plans to interested parties. The present study has conducted survey of 250 respondents of Industries/organizations through convenience sampling method. To find their opinion and requirements, identify their suggestion, finding problems, the field survey conducted in the said research area for fruitful comparison of impact of budgetary control.

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Published

2022-07-23