budgeting, a tool from the devil or a gift from heaven

Essay specific features

 

Issue:

Business

 

Written by:

Eugene G

 

Date added:

December 7, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

15 / 4001

 

Was viewed:

3814 times

 

Rating of current essay:

 
Essay content:

This has several reasons but the most important reasons is because companies use budgets in their performance evaluation. This causes gaming by the employees and this also causes the large amount of time needed to complete the budgets. Due the these two facts the budgets are not very effective anymore in the planning and control process and therefore are considered bad...
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Due the these two facts the budgets are not very effective anymore in the planning and control process and therefore are considered bad. Next to the fact that the budgets are used for performance evaluation they are also outdated. The traditional budgeting process has been developed in the 1920's when the economy was fairly stable...
displayed 300 characters

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