1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex787 [66]
3 years ago
13

1. Describe several operational and behavioral benefits that are generally attributed to a participative budgetary process. 2. I

dentify at least four deficiencies in Patricia Eklund’s participative policy for planning and performance evaluation purposes. For each deficiency identified, recommend how it can be corrected.
Business
1 answer:
morpeh [17]3 years ago
6 0

Answer:

Explanation:

1. Some of the operational and behavioral benefits that are generally attributed to a participatory budgeting process are as follows:

a)  Utilization of the best knowledge of activities in a specific area, because the participants are close to daily operations.

b)  Goals that are more realistic and acceptable.

c)   Improved communication and group cohesiveness.

d)   A sense of commitment and willingness to be held accountable for the budget.

2. Four deficiencies in Patricia Eklund’s participatory policy for planning and performance evaluation, along with recommendations of how the deficiencies can be corrected:

Deficiencies Recommendations The setting of constraints on fixed expenditures includes uncontrollable fixed costs, thereby mitigating the positive effects of participatory budgeting. Rewards should be based on meeting budget and/or organizational goals or objectives. The arbitrary revision of approved budgets defeats the participatory process. The contingency budget should be separate, over and above each department’s srcinal submission. The division manager holds back a percentage of each budget for discretionary use. Managers should be involved in the revision of budgets. Managers could submit a budget with programs at different levels of funding. Evaluation based on budget performance must be accompanied with intrinsic rewards. Divisional constraints could be at a budget "kick-off meeting;however individual limit of controllable expenses should be set by each manager

You might be interested in
Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer
dalvyx [7]

Answer:

9.61%

Explanation:

Computation for the weighted-average interest rate

Using this formula

Weighted-average interest rate=Total Interest amount /Total Principal amount

Particular Principal Interest

9%, 5-year note payable $2,088,000 $187,920

10%, 4-year note payable $3,308,700 $330,870

Total $5,396,700 $518,790

Total Principal amount =$5,396,700

Total Interest amount =$518,790

Let plug in the formula

Weighted-average interest rate=$518,790/$5,396,700

Weighted-average interest rate=0.0961*100

Weighted-average interest rate=9.61%

Therefore Weighted-average interest rate is 9.61%

8 0
3 years ago
Employees tend to stay with one company for their entire careers
SSSSS [86.1K]

false,  hope this helps!

5 0
3 years ago
Read 2 more answers
5. For the following observations, calculate the class width for a histogram.
Soloha48 [4]

Answer:

See Explanation

Explanation:

Given

The histogram

Required

The class width

The question is poorly formatted, as the histogram cannot be read. So, I will answer your question with the attached histogram

The class width is:

Width = Upper - Lower\ Limits

Using the first class, as reference:

Lower\ Limits = 1

Upper\ Limits = 4

So, the class width is:

Width = 4 -1

Width = 3

6 0
2 years ago
Uh is edge supposed to have blank sections? Proof is below!
Charra [1.4K]

Answer:

nope as long as I remember

7 0
3 years ago
NOVA Chemicals is a plastics and chemical company whose products are used in a wide variety of applications, including food and
yaroslaw [1]

Answer:

Targeting.

Explanation:

In marketing, Targeting refers to dividing your whole market into specific groups, and focus all your marketing effort to the group that is most likely would find your product relevant and appealing.

In the example above, we now that NOVA only markets its plastic chemical products to food and electronics industry because these industries have a lot more application for NOVA's product compared to other industries.

(For example, the food industries could use the plastic products for their packaging and utensils. The electronic industries could use NOVA's product for its product's structure.)

4 0
3 years ago
Other questions:
  • In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/eu
    14·1 answer
  • Restaurant A uses 60 bags of potatoes each month. The potatoes are purchased from a supplier for a price of $80 per bag and an o
    8·1 answer
  • The St. Louis Symphony is an example of what type of organizational customer? A. Government B. Wholesaler C. Intermediary D. Res
    8·1 answer
  • Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 11,400
    6·1 answer
  • At December 31, 2016, House Co. reported the following information on its balance sheet.
    15·1 answer
  • Given a fixed nominal interest rate on a loan, unanticipated deflation:
    9·1 answer
  • A trademark is a device that can take almost any form as long as it is capable of identifying and distinguishing specific produc
    11·1 answer
  • Under a program called the Emissions Trading​ Scheme, the governments of European Union member nations establish overall targets
    11·1 answer
  • True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographi
    14·2 answers
  • Use a business directory to identify several nonprofit corporations in your area. What public service is each providing? Why do
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!