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Riverton Corporation, headquartered in Melbourne, has a manufacturing plant in Indonesia. Plant managers desire to participate in the companys budget efforts, which, for the past
Riverton Corporation, headquartered in Melbourne, has a manufacturing plant in Indonesia. Plant managers desire to participate in the companys budget efforts, which, for the past 10 years, have been handled solely by top executives in Melbourne. Indonesia managers feel that by becoming involved, they can make great strides in terms of improving operating performance of their aging facility.
Briefly discuss this situation, focusing on the benefits and problems of letting Indonesia managers participate in the companys budgetary efforts (4 marks)
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