Purchase Solution

budgetary process more beneficial to avoid any negative impact

Not what you're looking for?

Ask Custom Question

1. How can a budget affect company morale? How could the budgetary process be made more beneficial to avoid any negative impact a budgetary concept can portray?

2. How does contribution margin differ from controllable margin in a responsibility report for a profit center? How do controllable costs and non-controllable costs impact a manager's budget and decision making process?

Purchase this Solution
Solution Summary

The expert examines budgetary process being more beneficial to avoid any negative impacts.

Solution Preview

Hello

Please find guidelines and ideas for Impact of Budget on Company Morale and Contribution Margin & Controllable Margin in the attached file.

Running Head: RESPONSIBILITY CENTERS

Budgets

Answer 1
Impact of Budget on Company Morale
A budget has both positive and negative impact over company morale. The budget padding, in which management considers unrealistic targets, reduces the employee morale and consequently company morale. On the other hand, a budget with accurate targets and measures increases employees' effectiveness to perform their tasks that causes an increase in company morale. The bottom-up budgeting also provides benefits to the company in term of morale as it involves several people in making budgets (Sottini, 2009). On the other hand, top-down approach of budgeting process reduces ...

Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

View More Free Quizzes
Related BrainMass Solutions

  • The President's Personal Budgetary Style

    President's personal budgetary styles and roles have a major impact on the federal budgeting. Some presidents are more interested in financial matters and thus deeply involve themselves in the expenditure policy making.

  • Budgeting with Incremental or Zero-based Budgets

    Zero-based Advantages The entity is forced to evaluate its operating environment and its expected impact in the budgetary period Disadvantages It takes much more resources to develop This pros and cons will help you justify your answer to what

  • Control Mechanisms for Boeing Corporation

    Another negative reaction to budgetary control at Boeing is that it has caused employees to feel unimportant.

  • Ferguson & Son Manufacturing Company's budgetary control system

    any individual department.

  • Finance and Budgeting in Education

    In this way management can participate in the budgetary process, but the final decision-making will be centralized, which will make the process much more efficient and effective. This solution provides a detailed explanation of the given questions.

  • Change Models for Employees, Managers and Executives

    It helps to avoid the change barriers and to involve the employees within the change process.

  • Steps to Handle an Economic Recession

    In a recession, balancing the budget will lead to cutting spending and/or raising taxes, which will have a negative impact on GDP/GNP.

  • Solution plan for construction issue

    Vision: Maintain customers perception and relationship with no change in delivery commitments Successful possession of homes by customers without any other change in construction The agreed upon budgetary costs to be realized (iii) Future state

  • Basics of planning an event

    I always start off with choosing the date, trying to avoid any other projects or events that I know are coming up, to ensure the best possible turnout, with minimal conflicts. Then, I decide on a theme for the event.

View More Related Solutions