Participative budgeting is more likely to motivate people to work toward the organization's goals than is a top-down approach.This is one of the main advantages of participative budgeting.

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Participative budgeting involves involving employees in the budgeting process, giving them a sense of ownership and responsibility in the goals and outcomes. This collaborative approach is more likely to motivate individuals to work towards achieving these goals compared to a top-down approach where individuals may feel less invested in the goals and outcomes.

Participative Budgeting Is More Likely to Motivate People to Work