BudgetingThe budgeting process determines how many and what kind of resources will be required to accomplish goals and objectives generated by the strategic plan. Whether the plan requires additional employees, funds to outsource elements of the plan, new technology, or new equipment, these elements determine how much cash is needed to achieve the goal.There are two basic ways to create a budget; the first is based on historical budget information, and the second is known as zero-based budgeting (ZBB):