The purpose of this Collaborative Activity is to demonstrate the benefits of creating a budget. A budget provides companies with a detailed analysis of how they should expect to spend money. Students will discuss the importance of budget planning.
The purpose of this Collaborative Activity is to demonstrate the benefits of creating a budget. A budget provides companies with a detailed analysis of how they should expect to spend money. Students will discuss the importance of budget planning.
Prepare for the Week 3 Business Budget Individual Assignment.
Discuss with your learning team some of the computer equipment cost of all hardware and software needed for their employees.
Develop answers to the following as you work to create your budget plan:
• List the make and model of desired hardware devices and their cost.
• List software operating systems and applications for each device and their costs.
• Sum up the cost for both hardware and software for each employee, and then calculate the average monthly costs to maintain these systems.
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