If Brenda Thompson, Tom Mix's supervisor, wanted to use a budgeting process to help evaluate Tom's performance but wanted to ensure that using a budget did not encourage Tom to focus on short-term behaviors at the expense of long-term results, she should
A) develop the budget herself using realistic goals based on the economic reality facing Tom's function and use both quantitative and qualitative evaluations of the performance of Tom's function and then give the budget to Tom to follow.
B) work with Tom in an open and participative process to develop the budget based on the most optimistic scenario possible and use both quantitative and qualitative evaluations of the performance of Tom's function.
C) develop the budget herself based on the most pessimistic scenario possible and use both quantitative and qualitative evaluations of the performance of Tom's function and then give the budget to Tom to follow.
D) work with Tom in an open and participative process to develop the budget based on the economic reality facing Tom's function and use both quantitative and qualitative evaluations of the performance of Tom's function.

Question

Quizplus · Accepted Answer

Working with Tom in an open and participative process to develop the budget based on the economic reality facing Tom's function and using both quantitative and qualitative evaluations of the performance of Tom's function is the best choice. This approach ensures that Tom has input into the budget and is aware of the economic reality facing his function. It also allows for both short-term and long-term goals and evaluations to be included in the process. This approach encourages accountability and ownership from Tom, which can lead to better long-term results.

If Brenda Thompson, Tom Mix's Supervisor, Wanted to Use a Budgeting