How is the budget either for your department or organization

Reference no: EM133300704

Problem Statement: Your text defines budgeting as the process of converting, or "dollarizing" the operating plan into monetary terms. It is important for organizations to communicate budget goals to employees as part of the organization's mission.

Question: How is the budget, either for your department or your organization, communicated to you? Would you consider the management approach to be a top-down, bottom-up or combination of the two? Do you participate in budget planning? How does knowledge of the organization's budget affect the way you perform your job? If you knew more about the budget, would it improve your performance or the performance of your department?

Reference no: EM133300704

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