Discussion Board 6: Budgeting

Most every firm has a budget.  In many cases, however, firms use them inappropriately.  In extreme cases, the way the budget is used by the firm might actually encourage incorrect decisions.  In this discussion, you will get a better feel for how to appropriately use budgets as a guide.

Explain why budgeting is important for a firm.  Do you think that a firm’s budget should ever be violated (exceeded)?  Explain your rationale.

Post your initial response to the discussion question no later than Thursday 11:59 PM EST/EDT. You will not be able to see any of your classmates’ posts until you have posted your initial response.

  • If you are posting your initial response, click the Start a New Thread button.
  • If you are responding, click the Reply to Thread button for the thread you wish to respond to.

Respond to at least two of your classmates no later than Sunday 11:59 PM EST/EDT.

 
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