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Essay / Research Paper Abstract
This 8 page paper looks at the impact that budgeting can have on organizational behavior. There are both positive and negative impacts, with budgets able to create clarity and help secure the future of an organization as well as having the potential to cause disagreement and conflict. The bibliography cites 7 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEbudorgb.rtf
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Unformatted sample text from the term paper:
positive and negative outcomes of this process, Budgeting is needed for an organizations to survive, but it can be political as there will be competing needs in a firm for
the same funds. This can result in satisficing rather than satisfying and a political process being in place. The outcome can be a negotiation and increase cohesion, it may also
result in conflict were some do not get the funds that they want. Constraints also have the potential to serve as a cohesive factor and can stimulate innovation. 2. Introduction
(Main issues) Budgeting is a necessary part of business, for some it may be seen as a chore and unwelcome, associated with negative feelings
and the idea of constraint and control for other it may be a positive process, creating clarity and setting out goals and in some instances the requirements for the achievement
of bonuses as well as successes impacting ion areas such as behavior, culture and interrelations between individuals and departments. In order to understand the use of budgets and the impact
on organizational behavior the first consideration should be to define what is meant by the term budgeting and then consider the way it will impact in different areas. 3. The
Role of a Budget The role of the budget is to control the costs and therefore the profits. It is also important in the
short term for cash flow as there needs to be an ability for a company to be able to pay their suppliers and creditors in the short term. Therefore, budgets
can be seen as an important mechanism for controlling a company. The importance of budgets and budgetary control cannot be understated. There are
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