An integrated business plan that formally lays out the company's goals is called the Master budget. A master budget is a financial plan that details how much money an organization expects to bring in and spend over the course of a fiscal year, typically divided into quarters or months.
Text explanations of how the budget might assist the business in achieving its strategic goals may also be included. the process of a merger and acquisition for a firm. In a merger, two or more businesses operating at the same level come together to form a new company. In an acquisition, a bigger company buys a smaller one to expand.
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