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1. You haven't accounted for inflation & rise in costs. So your fixed budget won't go as far as the previous years.
2. You don't have any flexibility to deal with change in the environment (emergencies, personnel, competitive pressure).
3. Your competitors know your weak point; they can outspend you.
What else can I help you with?
What is the disadvantage of budgeting?
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
What is the disadvantages of cash budgets?
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
What is the difference between governmental annual operating budgets and capital budgets?
annual operating budgets include estimated revenues and appropriations for expenditure for a specific fiscal year. Capital budgets control the expenditures for construction projects and fixed asset acquisitions
What is the Advantages of fixed budgets?
fixed budget is the budget whose all estimation is not changed after making this type of budget for more knowledge of budget == == == == == ==
Advantages and disadvantages of cost accounting?
cost accounting advantage & disadvantage
What is the disadvantage of a fixed pulley?
A fixed pulley does not provide any mechanical advantage, meaning it does not reduce the amount of force needed to move an object. Additionally, it changes only the direction of the force applied, not the magnitude.
What are the advantage and disadvantage of fidelio?
What are the advantage and disadvantage of fidelio?"
Advantage and disadvantage of workshop?
Advantage and disadvantage of workshop
What are fixed and flexible budgets?
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What is the disadvantage of fixed pulleys?
the disadvantage of a fixed pulley is not to push it down and up
What is the advantage and disadvantage of market free?
advantage is its fpree. Disadvantage is that its not fpree.
What are the advantage and disadvantage of branch libraries?
what are the advantage and disadvantage branch libraries
What is the difference between a disadvantage and an advantage?
Advantage and disadvantage are complete opposites. An advantage is something which is beneficial to an individual. A disadvantage would be not to ones benefit.
What is the disadvantage of budgeting?
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
What are the advantage and disadvantage of typing?
what are the advantage and disadvantage of typing what is online typing tutorails
What is the advantage and disadvantage of flashing bios?
i want know to what is advantage and Disadvantage of BIOS
Advantage or disadvantage of overhung latrine?
smells bad - disadvantage cheap - advantage
