Studies have shown that organizations that rigidly adhere to the ideals of their budget process will experience a decrease in competitive advantage because of the resulting negative influence on innovation and flexibility.

Question

Quizplus · Accepted Answer

Rigidly adhering to a budget process can stifle innovation and flexibility, leading to a decrease in competitive advantage. Several studies have shown this to be true.

Studies Have Shown That Organizations That Rigidly Adhere to the Ideals