Week 4 – Discussion 2
Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses.
Sales and Cash Budget
Define sales budget and cash budget. Explain the importance of sales budget and cash budget to the owner-manager. How do you use sales budget and cash budget to control the operation of your venture? Give a detailed example of how the process of a sales budget and a cash budget would work for your venture.
Guided Response: Respond to at least two of your classmates’ postings.
Carefully review the Discussion Forum Grading Rubric for the criteria that will be used to evaluate this Discussion Thread.