Question
According to an article titled conflicting role in budgeting for operations as appeared in the July 1977 issue of Harvard Business Review. 1. Robert
According to an article titled " conflicting role in budgeting for operations" as appeared in the July 1977 issue of Harvard Business Review.
1. Robert N. Anthony, John Dearden, and Richard F. Vancil,Management Control Systems: Text, Cases and Readings,rev. ed. (Homewood, Ill.: Richard D. Irwin, 1972), p. 4.
2. Charles T. Horngren,Cost Accounting: A Managerial Emphasis,3d ed., (Englewood Cliffs, N.J.: Prentice-Hall, 1972), p. 167.
A version of this article appeared in theJuly 1977issue ofHarvard Business Review.
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M. Edgar Barrettis professor of business administration at Southern Methodist University in Dallas, Texas. He was formerly associate professor of business administration at Harvard Business School, assigned to the International Senior Managers Program in Switzerland.
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- Summarize the article, point out its relevance and weakness in the context of budgeting and financial planning.
- What are the conflicting role of budgeting as discussed by the authors and propose ways of resolving those conflicts to achieving the strategic plan of the organization.
- From the said article, how relevant. is budgeting in addressing the various needs of the corporation?
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