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Author Question: The Historical method of budget setting is recommended for firms that operate in unstable economic ... (Read 113 times)

captainjonesify

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on: Jun 29, 2018
The Historical method of budget setting is recommended for firms that operate in unstable economic environments.
 
 Indicate whether the statement is true or false

Question 2

A puppy is given a treat every time he comes when called. This is an example of operant conditioning.
 
 Indicate whether the statement is true or false


nanny

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Reply #1 on: Jun 29, 2018
Answer to Question 1

F
The Historical method of budget setting is not recommended for firms that operate in unstable economic, political, or competitive environments. In unstable environments, the objective-and-task method may perform better since historical indicators are unlikely to provide good forecasts.

Answer to Question 2

True


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