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A budget is an end product of negotiations among senior and subordinate mangers because ________. senior managers want stiffer targets and subordinates want relatively easy
A budget is an end product of negotiations among senior and subordinate mangers because ________.
senior managers want stiffer targets and subordinates want relatively easy targets | ||
budgeting is their mutual responsibility | ||
senior managers are responsible for providing information on competitors performance and subordinate managers are responsible for information on external market conditions | ||
senior managers alone cannot spare the time required for the budgeting process |
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