Question

Do company owes employees anything in terms of continued employment, for example, as one of the considerations in the outsourcing decision? Should employees expect that sort of consideration do you think?

Can an organization achieve their strategic plan without a budget do you think? Why or why not?

Answer 1

Do company owes employees anything in terms of continued employment, for example, as one of the considerations in the outsourcing decision?

Yes, company owes employees a moral obligation to assure continued employment, unless outsourcing is inevitable to the existence of the company.

Should employees expect that sort of consideration do you think?

Yes, employees can expect that sort of consideration.

Can an organization achieve their strategic plan without a budget do you think? Why or why not?

No. All plans require budgets.

Budgets are quantitative manifestations of the plans of an organization. It allocates resources and authorizes responsibility center heads to utilize those resources. It also helps to communicate to all, the plan of action for the future.

Further, unless budgets are there control will not be effective.

Hence, budgets are required for proper implementation of strategic plans.