Strategy, budgeting, and crisis in Latin America

Article Abstract:

A study was conducted to examine the relationship between business strategy and budgetary processes under the crisis conditions. Latin America was chosen as the setting for this research because of the constant and high-level environmental turbulence faced by businesses, as well as the region's increasing trade importance. It was hypothesized that an organization's perceptions of the threat posed by environmental uncertainties will determine the market strategy it will adopt. To examine such strategy, the study used Miles and Snow's (1978) business strategy typology which characterizes firms as being Defenders, Analyzers, Prospectors or Reactors. The findings supported the hypothesis that Crisis would be positively related to the Defender and Reactor strategies, and negatively related to the Prospector and Reactor strategies.

Latin America, Crisis management, Strategic planning (Business)

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Clinical budgeting: experimentation in the social sciences: a drama in five acts

Article Abstract:

The testing of a clinical budget system in the British National Health Service is analyzed. The goals, evaluations and executions of the test are examined using excerpts from actual conversations written as a play in order to communicate the analysts' and participants' attempts to understand the social implications.

Accounting and auditing, United Kingdom. National Health Service, Hospitals, Hospital administration

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Discrepancies between the roles of budgeting

Article Abstract:

The different linguistic and expressive parts of budgeting in organizations are important considerations, according to empirical studies in Sweden. The budgeting role expressions are outlined. The implications for organizations and research of budget analysis are emphasized.

Analysis, Economic aspects, Sweden, Budget, Budgeting, Budgets, Business planning

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