Discussion Post
• How are budgets used for a company or in government? What would your suggestions be to balance our economic budget?
• After identifying suggestions for balancing the economic budget explain the importance of being able to identify various "variances" that may be identified? You may use any examples you want.
• What are the advantages and disadvantages of decentralization? Would you prefer to work in a centralized or decentralized organization and why?
• What are opportunity costs and what are the economic benefits? Can you think of various industries that these types of costs and benefits could be applied?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.