Budgetary Control Case Study

INTRODUCTION ABOUT INTERNSHIP

Internship are an integral part of the academic curriculum of VTU MBA. It is an initiative to bridge the gap an between knowledge and its applicable through a series of intervention that will enable student of VTU program help the student to study the topic.

The 10 week internship has been positioned after 3 rd semester of the MBA program as it twin purpose of providing critical business insight to the student as well providing industry with graduates of high calibre who are ready to get ahead in the world from day one, TOPIC CHOSEN FOR STUDY:- Budgetary control is the process. Where the of various budgeted figures of the business forecasted then comparing with the actual performance for calculating

Indian fertilizer co-operative ltd, popularly known as iffo emerged as pioneer venture on the horizon of fertilizer production and marketing with the objective of Attaining self sufficiency in food grain production. The report is about on the study of budget and budgetary control of iffco kandla.

Sales are main source of income raw material cost consists of 95% of total cost. So change in raw material price will strongly affected the total cost. Thus budgeting sales and fixation of cost is difficult because of the high fluctuation

3] Article

Title; - budgeting and budgetary controls management tool for enhancing financial management in local authorities’ afigya kwabre district assembly as a case study

Authors; anohene, Julia

Abstract: Mmda’s in Ghana prepare budget but deal with it in less extent unlike the profit making organization , which consider budget and budgetary control important element in their polices. It is against this background that this study was carried out to find way by which mmd’s for enhancing financial management in local authorities’ afigya kwabre district assembly as a case study 4] Article

Title: 'budgeting and budgetary control in business organization,'

Author: chika agu

Dunlop’s were introduced stronger tyre then the Thomson’s tyres. And it seems to sell at first until a bike race in Belfast was won by a rider by using these tyres. With that victory people began to take pneumatic tyres.

In 1895 the first pneumatic or air filled tyre was used in Automobiles by Eduard Michelin. It was also around this time the legislation was put in to the effect that discourages the use of rudder tyres. All over the world companies sprang to meet the new demand for pneumatic tyers. Latter the age of pneumatic tyres has begun.

Tyres remained fundamentally unchanged through 20 to 30 s. latter the Michelin invented a new steel belted redial tyre in 1948. This tyre has longer life then the pneumatic tyres. And it radiate from 90 degree angle from the wheel rim. It this tyre has less rolling resistance. Which help increase the millage of vehicles. And one drawback was these tyres required different system on vehicles. These tyres are known radial tyres. This was successfully used in companies. Like US, Italy, France, Japan and Germany in large numbers. American car manufactured were afraid the cost to redesign their car by using radial tyres they improve the quality and life of the