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Managing organizations with stable product line

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If you were managing an organization with stable product lines, what type of budgeting process would you use, flexible or the fixed budgeting processes? Defend your response.

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The solution discusses managing organizations with a stable product line.

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A fixed budget is a "type of budget that incorporates anticipated values about inputs and outputs that are conceived before the period in question begins" (Anonymous, 2009). In most cases, when the static budget is compared to the actual results at the end of the period, the ...

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Edwin Sinclar, MBA
Education
  • MBA, Aspen University
  • Bachelor of Science , Berea College
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