
John is a subunit manager at a large consumer packaged goods manufacturer.Every year,he submits a budget request to the vice president of marketing,who coordinates the various requests and then submits an overall budget to top management for approval.This is an example of _____ budgeting.
A) top-down
B) bottom-up
C) top-down/bottom-up
D) bottom-up/top-down
E) combination
Correct Answer:
Verified
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