(b) Discuss ways in which the traditional budgeting process may be seen as a bar

(b) Discuss ways in which the traditional budgeting process may be seen as a barrier to the achievement of the

aims of EACH of the following models for the implementation of strategic change:

(i) benchmarking;

(ii) balanced scorecard; and

(iii) activity-based models. (12 marks)

(b) BenchmarkingBenchmarks enable goals to be set that may be based on either external measures of ‘best practice’ organisations or internalcross-functional comparisons which exhibit ‘best practice’. A primary aim of the traditional budgeting process is t