What is the process for a company like Amazon to develop a master budget and How would the budget process for Amazon differ from a

manufacturing company? Be specific.

A master budget is basically a management's strategic plan for the future of the company,in the master budget every aspect of the company's operations is documented and chartered for future predictions.For companies like the amazon the process of developing a master budget include combining all of the smaller budgets within the company and turning them into overall budget so that it gets an overview of the companies finances.The master budget of the amazon company includes,the HR, marketing department and other departments.The budgeting process in the amazon is made much simpler since the difficult task is taken by the planning process.In updating the budget,weekly reviews are made based on the real time customer metrics of individual activities ,not units because the top management is able to see the impact of any such counter productive diktat,it is less likely to issue them.Most manufacturing companies are not able to do weekly reviews of their products since they do not sell directly to their customers like the amazon company.(Amazon,2019)