Managerial delegation and welfare effects of cost reductions

</title> </titles> <contributors><organization sequence='first' contributor_role='author'>Nukus State Pedagogical Institute </organization> <person_name sequence='first' contributor_role='author'> <given_name>Inamjam Batyrovich</given_name> <surname>Madiyarov</surname> </person_name></contributors><publication_date media_type='print'> <month>09</month> <day>30</day> <year>2018</year>

“…This approach often fails to be implemented due to lack of coordination and commitment between budget makers and budget implementers. (2). Bottom-up approach, this approach involves lower-level managers to participate in determining the budget.…”