Polish: budżet oddolnyEnglish translation: bottom-up budget 
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Polish to English translations [PRO]
Bus/Financial - Economics | | Polish term or phrase: budżet oddolny | | czyli taki, który jest opracowywany wpólnie przez szefostwo firmy i jej pracowników |
| | | bottom-up budget | Explanation:
1. It is often presumed that a top-down budget process leads to a smaller overall budget than a bottom-up budget process. We show, using structurally induced equilibrium theory...
2. It is generally expected that as this "bottom-up" budget moves from lower-level managers back up through the executive ranks, the process itself, and the more informed perspective of an executive, takes additional information into account, and therefore the budget takes "reality" into account. But the reality of what is happening is that the budget is transforming from the "operational" perspective it has at the lower levels back into the financial perspective that the budgeting process demands... |
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 Mariusz Kuklinski
United Kingdom
| Note from asker to answererwielkie dzięki
4 KudoZ points were awarded for this answer |
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25 mins confidence:  peer agreement (net): +1 |
| bottom-up budget
Explanation:
1. It is often presumed that a top-down budget process leads to a smaller overall budget than a bottom-up budget process. We show, using structurally induced equilibrium theory...
2. It is generally expected that as this "bottom-up" budget moves from lower-level managers back up through the executive ranks, the process itself, and the more informed perspective of an executive, takes additional information into account, and therefore the budget takes "reality" into account. But the reality of what is happening is that the budget is transforming from the "operational" perspective it has at the lower levels back into the financial perspective that the budgeting process demands...
Reference: http://www.zei.de/download/zei_wp/B00-18.pdf
Reference: http://www.usbusiness-review.com/content_archives/Sept06/02....
| Mariusz Kuklinski
United Kingdom
Specializes in field
Native speaker of:  Polish
PRO pts in category: 72
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The translation workplace 
