Participative budgeting allows employees throughout the organization to have input into the budget-setting process.This is the main purpose of participative budgeting.

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Participative budgeting involves allowing employees at all levels of the organization to provide input into the budget-setting process. This is done in order to promote better communication, collaboration, and buy-in from employees throughout the organization. By allowing employees to have a say in the budget, organizations can tap into the collective knowledge and expertise of their workforce, and develop a more accurate and realistic budget that reflects the goals and values of the organization as a whole.

Participative Budgeting Allows Employees Throughout the Organization to Have Input