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ACCY312 Management Accounting
Task:
The assignment will answer the question How important is it for management to ensure they create a culture that provides ownership to individuals and leads to a flow of correct and relevant information?
1- The respond should answer the above question
2- The respond should be 250 – 300 words 3- With Harvard reference
The assignment will answer the question How important is it for management to ensure they create a culture that provides ownership to individuals and leads to a flow of correct and relevant information?
1-The respond should answer the above question
2-The respond should be 250 – 300 words
Below is example of other student answers for the expert reference.
Respond 1 from another student for the same question
Lastly, Hansen and Stede (2004) introduce reasons to budgeting.
They include operational planning, strategy formation and goal communication.
Having said this, it becomes apparent that a flawed flow of information regarding budgeting within a business can have serious impact on the long-term orientation of said business.
Therefore, empowering agents and creating a supportive culture can improve not only budgeting but also has a positive effect on the long-term success of a business.
Relating this to Wallander would you agree to the statement that communication is even more important in firms without a budgetary process?
ACCY312 Management Accounting
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