The budgeting process can often undercut management's strategic intentions, causing organizations to choose between strategic investment opportunities.

Question

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The budgeting process is often focused on short-term financial goals and constraints, which can lead to a prioritization of immediate cost savings over long-term strategic investments. This can create a tension between management's strategic intentions and the budgeting process, ultimately forcing organizations to make difficult choices between different investment opportunities.

The Budgeting Process Can Often Undercut Management's Strategic Intentions, Causing