A Study on Budgetary Control System at Volvo Construction Equipment, Bangalore.

Abstract

Volvo Construction Equipment is a manufacturing-based industry as they are the manufacturers, suppliers and traders of pavers, compactors and excavators. The raw materials which are required for the manufacturing of compactor, pavers and excavators are bought and are distributed to different manufacturing units in order to obtain the finished goods. Manufacturing unit involves fabrication line, assembly line, parts paint shop and touch up paint shop. Construction of equipment is one of the manufacturing sectors. Heavy power machines are taken to perform certain specific function of construction and demolition. One such company which emphasis on construction equipment is Volvo. It is one of the world’s leading manufacturers of trucks, bus, drive systems for marine construction equipment,