The main advantages of low-cost strategy are that costs are reduced and this will increase the profit margins. However, there are disadvantage as well which may include having low quality on the output due to low investment cost.
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Advantages of a sales budget is that it can help businesses to reach a certain selling goal.
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there are no advantages or disadvantages
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ADVANTAGES OF PRODUCTION BUDGET:-The following are the advantages of production budget:* Plant and machinary can be utilised to a maximum extent* Labour hours can be utilised to a greater extent*It help to reduce production expenses as there is uniform production*It is enough to maintain minimum stock of goods*Purchase cost budget can be prepared*Production cost budget can be prepared
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