Why does a company's budget need to be closely linked to the needs of good strategy execution? Why might a change in strategy call for budget reallocations?

Briefly describe human behavior problems that might arise if budget goals are set too tightly. What behavioral problems are associated with setting a budget too loosely? When would a company use zero-based budgeting? Why should the production requirements outlined in the production budget be carefully coordinated with the sales budget?

18 Which of the following is not the direct benefit of the budgeting process?   Identification of potential bottlenecks or constraints.   Goal congruence between the personal goals of managers and the goals of the organization.   Payments and completion of taxes    Communication throughout the organization.

how budgeting is useful in managing businesses?