Budget from the top down or bottom up? A puzzle.
Berkonomics
DECEMBER 2, 2021
Here’s the argument: Many people believe that bottom-up budgeting leads to waste and misdirection. The advocates of top-down budgeting are strong in their belief that if you give each person or department no guidance, they will budget to their wants or specific needs, not to those that support a corporate goal. Why some CEO’s argue to budget from the top.
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