Traditional Budgeting Has Been Used Successfully for Many Years Because

question 85

Multiple Choice

Traditional budgeting has been used successfully for many years because

• A) it was simple and not time consuming.
• B) departments decide what they want to do.
• C) there is focus on results, not processes.
• D) the environment was stable and product mix was simple.

---

Definitions:

Strategic Choices

Decisions made by an organization that affect its ability to achieve objectives and gain competitive advantage.

Technological Factors

Elements related to innovations, advancements, or changes in technology that can impact businesses and societies.

Organization Design

involves structuring the organizational framework to effectively and efficiently achieve business goals and adapt to changes.

Environment Nature

The natural, physical, and biological aspects of an environment, including landscapes, water, plants, and animals, and their interrelationships.