Which of the Following Is a Disadvantage of Participative Budgeting

question 19

Multiple Choice

Which of the following is a disadvantage of participative budgeting?

• A)It is time consuming.
• B)It encourages communication.
• C)It increases by-in.
• D)It allows for creativity.

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Definitions:

Management

The process of planning, organizing, leading, and controlling resources to achieve specific goals.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Classic Change Model

The classic change model refers to structured frameworks for understanding, planning, and implementing change in organizations or individual behaviors, typically featuring stages of preparation, implementation, and reinforcement.

Lewin

Refers to Kurt Lewin, a pioneer in social, organizational, and applied psychology, known for his theories on group dynamics and change management.