Topic: Budget Memo

Paper details: Rubic and Prompt Attached Module 8 Case Study The budgeting process and budgets themselves have significant impacts on management actions and performance, in both positive and negative ways. It is common at many local, state, or national governmental agencies, and nonprofit organizations, and even in some for-profit enterprises for managers to increase spending at the end of the budget cycle. This process, usually referred to as “use it or lose it" can be harmful to objectives of any organization. Managers do this, as they often feel that if they don't spend the amount that was budgeted this year, next year their supervisors will reduce their budget by the amount not spent in the current year. So, to avoid having their budget dollars reduced, managers often increase spending at the end of the year to ensure all budgeted amounts are spent even if items are not necessarily needed. This is more common in government and nonprofit organizations, but can be found in for-profit enterprises as well. Requirement: Write a memo to the budget managers in an organization, assuming you are the CEO. Your memo should direct budget managers not to utilize this approach, but also offer a logical rationale, and perhaps an alternative solution. Short Paper/Case Study Analysis Rubric Requirements of submission: Short paper assignments must follow these formatting guidelines: double spacing, 12-point Times New Roman font, one-inch margins, and discipline-appropriate citations. Page length requirements: 1-2 pages undergraduate courses; 2-4 pages graduate courses. Instructor Feedback: Students can find their feedback in the grade book as an attachment. Critical Elements Exemplary Proficient Needs Improvement Not Evident Value Main Elements Includes all of the main elements and requirements and cites multiple examples to illustrate each element (23-25) Includes most of the main elements and requirements and cites many examples to illustrate each element (20-22) Includes some of the main elements and requirements (18-19) Does not include any of the main elements and requirements (0-17) 25 Inquiry and Analysis Provides in-depth analysis that demonstrates complete understanding of multiple concepts (18-20) Provides in-depth analysis that demonstrates complete understanding of some concepts (16-17) Provides in-depth analysis that demonstrates complete understanding of minimal concepts (14-15) Does not provide in-depth analysis (0-13) 20 Integration and Application All of the course concepts are correctly applied (9-10) Most of the course concepts are correctly applied (8) Some of the course concepts are correctly applied (7) Does not correctly apply any of the course concepts (0-6) 10 Critical Thinking Draws insightful conclusions that are thoroughly defended with evidence and examples (18-20) Draws informed conclusions that are justified with evidence (16-17) Draws logical conclusions, but does not defend with evidence (14-15) Does not draw logical conclusions (0-13) 20 Research Incorporates many scholarly resources effectively that reflect depth and breadth of research (14-15) Incorporates some scholarly resources effectively that reflect depth and breadth of research (12-13) Incorporates very few scholarly resources that reflect depth and breadth of research (11) Does not incorporate scholarly resources that reflect depth and breadth of research (0-10) 15 Writing (Mechanics/Citations) No errors related to organization, grammar and style, and citations (9-10) Minor errors related to organization, grammar and style, and citations (8) Some errors related to organization, grammar and style, and citations (7) Major errors related to organization, grammar and style, and citations (0-6) 10 Earned Total: Comments: 100%