Which of the following is not an advantage of participative budgeting?
A) It fosters a sense of creativity in managers.
B) It encourages the introduction of budgetary slack.
C) It encourages greater goal congruence.
D) It encourages a higher level of performance.
E) It fosters a sense of managerial responsibility.
B
You might also like to view...
Which of the following statements does not properly describe a defined benefit pension plan?
A. Many assumptions are made in the determination of pension expense. B. The employer bears little risk with respect to estimating the amount of the annual contributions to the plan. C. A pension plan asset is not recorded on the employer's balance sheet. D. The employee bears little risk with respect to estimating the amount of the annual contributions to the plan.
What is the first step of the five-step model of decision-making?
A. weigh decision criteria B. problem emergence C. define the problem D. generate alternatives
The primary function of marketing and the entire organization, in a broader context, is to ________.
A. focus on short-term benefits B. offer highly customized products C. increase employee turnover D. eliminate barriers to market entry E. deliver value to the customer
The process of value ________, in which customers collaborate in product design, often provides additional value to the firm's customers.
A. based marketing B. cocreation C. delivery D. chain management E. positioning