Budgeting Strategies

 

You have learned about budgeting strategies and how to effectively put a budget in place. You also have looked at how to create various budgets. For your discussion board post in week five please read case 9-46 on the bottom of page 412 in your textbook. Then in your post answer the two questions posed regarding this case. Describe several operational and behavioral benefits that are generally attributed to a participative budgetary process. Identify at least four deficiencies in Patricia Eklund’s participative policy for planning and performance evaluation purposes. For each deficiency identified, recommend how it can be corrected.

• Your initial response to the discussion question should be 250-300 words. You must have at least one course (our text) and one non-course scholarly/peer reviewed source in your initial posting.  Sources require in-text citations and must be incorporated into the body of the post in addition to a full APA citation at the end of the post.