Which of the Following Is Not a Disadvantage Usually Associated

question 5

Multiple Choice

Which of the following is not a disadvantage usually associated with budgeting?

• A) Encourages "budget slack"
• B) Discourages delegation and the identification of management responsibility
• C) In practice, it is often difficult to come to an agreement about the organizations objectives
• D) Can often be a "paperwork exercise" not fully understood by mangers

---

Definitions:

Sherman Act

A landmark federal statute in the United States antitrust law passed by Congress in 1890, which prohibits monopolistic and anticompetitive practices.

Antitrust Division

A section of the government tasked with enforcing laws to prevent unfair competition, monopolies, and to preserve market integrity.

Treble Damages

A legal award in a lawsuit that triples the amount of actual or compensatory damages, often granted in cases of willful wrongdoing.

Geographic Markets

Areas delineated by geographical boundaries within which a population might reasonably constitute a market for goods or services, often considered in economic and marketing analyses.