Question: the budget process and budgets can impact management actions both positively and negatively. g use it or lose it the view is that
the budget process and budgets can impact management actions both positively and negatively. g "use it or lose it the view is that if a department manager doesn't spend the budgeted amount top management will reduce next years budget by the amount not spent. To avoid losing budget dollars department managers often spend all budgeted amounts regardless of the value added to products or services.
what do you think is an alternative strategy to the use it or lose it budgeting problem?
write and explain
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