In the last several chapters, you have learned about many aspects of organizational structure, budgeting, and performance
Question:
Organizational Structure .... Budget Creation Process
Centralized ........... Top Down
Decentralized .......... Participative
Centralized ........... Participative
Decentralized .......... Top Down
Required:
For each combination in the table, write a brief paragraph summarizing both the potential advantages and disadvantages for a company using the combination. Consider the impact on managers and other employees as well as the potential impact on outside parties such as customers or other organizational stakeholders.
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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