Difference between 'Budget' and 'Budgeting'

Sl. No.	Budget	Sl. No.	Budgeting
1.	A Business Plan	1.	Incorporates system of using budget + Monitoring + Correction system
2.	Financial Budget only one part	2.	Enables management to steer the company to the goals.
3.	Forces confrontation with, and need to control the future.	3.	Manages the future by ‘on-line' course corrections, as dictated by analyses of data revealed by monitoring MIS.