In regards to top-down versus bottom-up budgeting in the newsgroup. There are advantages as well as disadvantages to both. As is often the case, a hybrid of the two may be most effective, but the dilemma is that this can turn into a time consuming negotiation between upper management and field management. Can you please let me know your thoughts on this.
The question wants you to compare top down budgeting, bottom up budgeting and a hybrid budgeting in a newsgroup.
<br>The question presupposes that there are three different types of budgeting and these are clearly demarcated. This is not supported by evidence. Every type of budgeting is hybrid, if there is bottom up budgeting, even then the money allotted from the top forms the ...