Since budgets affect many people in an organization, they can have significant behavioural implications. Allowing people to participate in setting their own budget targets may improve commitment those targets but create the incentive to build budgetary slack into budget estimates.
Required: (500 words)
Explain three disadvantages of budgetary slack from the point of view of
A.The business unit managers who must achieve the budget (3 marks)
B.Corporate management (3 marks)
Dear Ann, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order