Discuss the pros and cons of the top-down and bottom-up methods for establishing the operating budget. Which is better? Why? Debate the issues relating to across-the-board labor cuts versus cuts...

Discuss the pros and cons of the top-down and bottom-up methods for establishing the operating budget. Which is better? Why?

Debate the issues relating to across-the-board labor cuts versus cuts predicated on labor standards. What are the pros and cons of each method? Which is preferable?