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Your choice of budgeting technique will affect your organizations performance positively if you choose the right technique and negatively if you choose the wrong technique.
Your choice of budgeting technique will affect your organizations performance positively if you choose the right technique and negatively if you choose the wrong technique. The appropriate technique would vary greatly depending on the type of organization that you are running. For example, if you are running a hospital organization with multiple locations throughout the state with many different sources of income, you most likely will have more benefit if you choose a fixed budgeting strategy. If your company is at the point that you have multiple locations with varying specialty services, it is likely that you will have reciprocity through the years
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