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Planning, budgeting, and forecasting lay the foundation for any effective business plan. Economic uncertainty makes it difficult to set clear goals and objectives and sustain a financial plan, which supports them. Organizations must become more agile with their planning, budgeting and forecasting capabilities--now more critical than ever for success and survival during volatile economic times. The business climate is characterized by change and compounded by global influences spawning unforeseen stresses and squeezed margins.
Source: Intelligent Enterprise
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