business finance

business finance Order Description "---The weaknesses of traditional budgeting processes have been the subject of many attention. Many believe that this processes limit flexibility and the organisation's ability to respond to changes in their circumstances.---" Requirements: 1-Discuss the purpose of budgets and the relevance of traditional budgetary systems to the contemporary and dynamic environment in which companies operates. 2- Discuss alternative budgetary systems that may be more useful given the changing nature of business environment. Must be in Report Format -with Executive Summery at the beginning and Conclusion and Recommendations in the end!!!