What are the drawbacks of preparing a business plan

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Questions: Most successful business people, academic textbooks, put a high value on business plans and the budgeting process. Unfortunately, oftentimes, these business plans and budgets are prepared yet they are not disseminated throughout the organization, whether private sector or governmental agency.

  • What are the drawbacks of preparing a business plan and a budget without engaging employees throughout the organization?
  • Which of the various budget plans available, do you feel is the most complete AND why?
  • What are the drawbacks of preparing a business plan and a budget and not distributing it and discussing it throughout the organization

 

Reference no: EM133447458

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