Behavioral implications of planning and control


1. Discuss additional behavioral implications of planning and control when a company's management employs an imposed budgetary approach and a participative budgetary approach.

2. Communications plays an important role in the budgetary process whether a participative or an imposed budgetary approach is used.

a) Discuss the differences between communication flows in these 2 budgetary approaches.

b) Discuss the behavioral implications that are associated with the communication process for each of the budgetary approaches.

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Finance Basics: Behavioral implications of planning and control
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