Question

Brooklane Ltd. has recently appointed a new CEO of the company. The CEO has several new ideas for the organisation. One idea, which he wants to explore is the elimination of annual budgets. You are working as a management team member in this company and CEO has asked you to write a report which investigates this idea.
Question Write a report for the CEO setting out the advantages and limitations of an annual budgeting system. Use academic sources to support your answer.

Answer 1

Okay I will remember thistle