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Allocation of capital

May 11, 2012
The Advertiser-Tribune

To be successful, a business must efficiently employ its capital in order to generate a return on investment for its stockholders. To responsibly manage, it must operate within a budget that monitors sales objectives while keeping costs under control. Governments also require an operating plan, i.e., a budget in order to assure taxpayers their money is not wasted or improperly invested



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