Buy custom Critically discuss the various problems and proposed solutions associated with the development and application of budgets within organisations
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2154 |
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If budget targets are unrealistic there may be a negative reaction where the individual does not even attempt a reasonable level of performance. Communication between levels in the organisation is also important, so that the individual knows that achievement of targets is reported at a higher level and recognised in some form...
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Within all these consideration of positive factors of motivation, there may be personality problems which invalidate approaches which would otherwise be successful.
A full understanding of the behavioural aspects of the budgetary process requires an understanding of psychology. Research into behavioural aspects of budgeting has therefore included psychological studies of the individuals participating in the budgetary process...
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