How would continue to justify a budget loss to board

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Reference no: EM132555619 , Length: Word count: 400

Justifying Budget Loss

Question 1: Not every operating budget must show a profit. For example, there are many examples of successful mental health and other health related programs that are referred to as "lost leader" programs because they show a loss. This is common with grant funded programs, or benevolent foundation funding. Discuss how you would continue to justify a budget loss to a board of directors or grant funding agency. What negotiation or conflict resolution strategy would you recommend if the board or agency does not accept the initial justification? Your initial post should be at least 400 words.

Reference no: EM132555619

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