When Properly Performed,bottom-Up Budgeting Has the Disadvantage Of

question 104

Multiple Choice

When properly performed,bottom-up budgeting has the disadvantage of:

• A)A lack of detail needed in project plans.
• B)A lack of coordination among project managers and functional department heads.
• C)Being a hindrance to top managers when prioritizing projects that are competing for the same scarce resources.
• D)A reduction of top management's control of the budget process to one of oversight.

Understand different strategies to manage demand and supply within a supply chain.

Identify the costs and benefits of inventory management and capacity planning approaches.

Recognize the role of pricing and promotion in shaping demand.

Analyze the impact of coordinating supply and demand decisions on supply chain profitability.

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Definitions:

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed by the government, applicable to income, property, sales, etc.

Cost of Capital

The minimum earnings a firm should achieve on its investment initiatives to preserve its market worth and meet investor expectations.

Retail Outlets

Physical stores operated by retailers to sell merchandise directly to consumers.

Construction Supplies

Materials and goods used in the building and construction industry.