Advantages and disadvantages of budgeting -unit 5


	Advantages and disadvantages of budgeting -unit 5
	Advantages motivates staff allows targets to be set eliminates waste provides financial control company are less likely to end up in debt could attract investors.	Disadvantages not always fair it is time consuming it is not always accurate-does not allow for unforeseen changes or research problems. they may have to hire someone else or train staff to be able to do it. this will be an additional cost.
	Evaluation

not always fair
it is time consuming
it is not always accurate-does not allow for unforeseen changes or research problems.
they may have to hire someone else or train staff to be able to do it. this will be an additional cost.

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Report Wed 21st September, 2022 @ 09:34

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