budgeting
- Created by: s.tread
- Created on: 28-03-19 09:15
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- budgeting
- benefits
- target setting
- improved planning
- control
- monitoring and calculations of variances
- communication
- co-ordination between departments and employees
- improved decision making
- limitations
- inaccurate figures likely
- restrictive
- demotivate staff
- time consuming to set up and monitor
- increase cost and more so when computerized
- benefits
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