Which of the Following Is Not a Characteristic of Bottom-Up

question 73

Multiple Choice

Which of the following is not a characteristic of bottom-up budgeting?

• A)It encourages organization-wide input into the process.
• B)It takes advantage of employees' intimate knowledge of operations when formulating plans.
• C)It is not as time consuming as top-down budgeting.
• D)It increases employees' commitment to achieving budget goals.

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Definitions:

Organizational Success

A measure of how effectively a company achieves its goals and objectives, often assessed through financial performance, market share, and stakeholder satisfaction.

Classical Strategy

A framework in strategic management that emphasizes an analytical approach to ensuring long-term company success through analysis, planning, and logical decision-making.

Human Relations Strategy

An approach in organizational management focusing on employee welfare, communication, and involvement to improve productivity and morale.

High Involvement Strategy

A business approach where employees are actively involved in the company's decision-making processes, leading to increased commitment and productivity.