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Advantage and disadvantages of bottom top participative budgeting?
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∙ 12y ago
5 disadvantages of participative budgets
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∙ 12y ago
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Disadvantages of participation in the budget setting process?
participative budget is also called bottom-up budget. So, u just find the disadvantages of bottom-up budget. 1. slow 2.budget snack 3. Not setting budget in line with the aim of the firm
What is bottom-up budgeting?
Bottom-up budgeting, also called participatory budgeting, is a somewhat modern approach to planning the use of a company's financial resources. Reserved for somewhat larger organizations, it differs from top-down budgeting where the high level executives make all of the decisions. Participatory budgeting provides the opportunity for employees to be involved in setting their own goals and expectations for a given financial period. It gives them ownership of the decisions, motivating them to meet budgetary constraints that otherwise might seem unattainable or unrealistic if they were delivered by someone without as much understanding of their day-to-day operations. Along with this increased participation, bottom-up budgeting also helps to create a more accurate picture of how much each department needs in order to function effectively. Of course, adjustments may need to be made for new hirings, special projects, and equipment replacement, but these can be communicated directly to the departments themselves before a budget is finalized. The important thing to remember when constructing any budget, whether it is bottom-up, top-down, or a mixture of the two, is that it be taken seriously at all levels of the organization. Though a budget alone cannot guarantee the success of any particular business, it can certainly prevent failure in most cases.
What does Triple bottom line reporting refer to?
can you answer this question????????? to what does the term trple bottom line refer?
Give an example of idiomatic expression of bottom line?
"Going into detail would take hours, but, bottom line, you've got a problem."We use the idiom "bottom line" (coming from the bottom line of things like bills that tell us what we actually have to pay or do) to say, at the end of it all (in summary), what's going on or what's going to happen.
What is Virginia's license plate slogan?
bottom
Disadvantages of participation in the budget setting process?
participative budget is also called bottom-up budget. So, u just find the disadvantages of bottom-up budget. 1. slow 2.budget snack 3. Not setting budget in line with the aim of the firm
Advantages of bottom-up budgeting as applied to project management?
Bottom-up budgeting as applied to project management has advantages. It ensures the resources are getting to the people actually doing the work of the project.
What is a bottom end knock?
Wear and tear in the crankcase and/or power train. Your car is talking to you about budgeting for an expensive repair coming up.
What is bottom end knocking?
Wear and tear in the crankcase and/or power train. Your car is talking to you about budgeting for an expensive repair coming up.
What are the disadvantages of being a plumber?
people see your bottom alot
What is bottom-up budgeting?
Bottom-up budgeting, also called participatory budgeting, is a somewhat modern approach to planning the use of a company's financial resources. Reserved for somewhat larger organizations, it differs from top-down budgeting where the high level executives make all of the decisions. Participatory budgeting provides the opportunity for employees to be involved in setting their own goals and expectations for a given financial period. It gives them ownership of the decisions, motivating them to meet budgetary constraints that otherwise might seem unattainable or unrealistic if they were delivered by someone without as much understanding of their day-to-day operations. Along with this increased participation, bottom-up budgeting also helps to create a more accurate picture of how much each department needs in order to function effectively. Of course, adjustments may need to be made for new hirings, special projects, and equipment replacement, but these can be communicated directly to the departments themselves before a budget is finalized. The important thing to remember when constructing any budget, whether it is bottom-up, top-down, or a mixture of the two, is that it be taken seriously at all levels of the organization. Though a budget alone cannot guarantee the success of any particular business, it can certainly prevent failure in most cases.
Why is it an advantage for the ventricles to contract from the bottom?
The pulmonary artery and the aorta lead upward and away from the ventricles. Since the ventricles contract from the bottom, blood is more efficiently pushed out of the heart.
Advantages of top-down budgeting as applied to project management?
Top-down budgeting works the opposite direction of bottom-up budgeting. Top-down budgeting begins by estimating the costs of higher level tasks, and then those estimates will constrain the estimates for costs of lower level tasks. So the entire process of coming up with a budget will begin with upper-level management and an overall estimate of the entire project. Then the overall budget is divided among the first level of tasks, and then the budget is divided among lower level tasks and then lower level tasks. This continues until funding has been given to all of the tasks necessary for a project.
How does a stapler function as a lever?
The stapler has its top and bottom joined at the hinge. Pressure applied on the top forces it against the bottom as the staple is pushed out. There is no mechanical advantage as with similar devices, such as the nutcracker.
How does a TV take advantage of magnetic forces?
A television system takes advantage of magnetic forces by using electromagnets. These magnets control the electron beams, causing them to scan top to bottom and left to right.
What are some of the advantage and disadvantages of playing individual sports?
Well there are lots of advantages and disadvantages of playing individual sports. An advantage is that if your playing a sport like Basketball and you have a bad team it would be different if you were only playing. another advantage is that you can be able to only depend on you no one else. Know some disadvantage's. one disadvantage is that if you know someone and you become really good friends with that person you wont be able to have a good friendship on the team if you decide to play a sport like Golf or something like that. There are lots more but i have a book report to do know but here is the bottom line... if you like having friends and playing around them playing a sport with people is the best for you. If you don't like to hang out as much and you really like to win and its all about you... than you should play by your self...
What are the advantages and disadvantages of using the bottom-up approach or top- down approach to developing the system architecture?
Bottom-up advantages -it involves the people around the province (the local people) -it save much more energy. -it is much cheaper. disadvantages -it does not impact on a lot of people. -this idea is driven by the existing infrastructure instead of the business process. for top-down i think this web will help you http://smallbusiness.chron.com/advantages-disadvantages-topdown-planning-21385.html you are welcome.
