Stellar Packaging Products is completing its budget process for the coming year, discussion help

Stellar Packaging Products is completing its budget process for the coming year. Robin Simmons mentions to Jesse Daniels that it would be advantageous to engage the managers in establishing their own budget targets in order to build morale among the team. Daniels indicated concern that managers would build “slack” into the budget.

What is budgetary “slack”? How can it be avoided if managers set their own budget targets? Is there an alternative way of budgeting to exclude “slack” altogether?

For this discussion:

• Support your position.
• Select two peer posts and comment on the content of their posts. Does your selection differ from that of your peers? If so, how does that response contrast to your own?

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"