A Study on Budgetary Control as a Tool for Managerial Decision-Making for Textile Industries

Abstract

Budgetary control is a vital financial tool that assists managers in planning, coordinating, and controlling organizational activities. This study examines the role of budgetary control in enhancing managerial decision-making within textile industries in Tamil Nadu. Primary and secondary data were collected to evaluate how budgeting systems influence performance, cost control, and strategic decisions. The findings reveal that effective budgetary control significantly improves operational efficiency and supports informed managerial decisions. The study also identifies key challenges and provides practical recommendations to strengthen budgeting practices in the textile sector.