phdoofus t1_j2fcl9x wrote on December 31, 2022 at 9:22 PM

Reply to comment by cleanscotch in ELI5: Why do companies require annual budget be spent 100%? by angrybird7677

I always find this kind of stupid because it means you don't recognize that you're just making your best guess as to how things will go and nothing ever works out that way. It's kind of like going through the whole 'goal setting' process once a year but at least everyone recognizes that you goals will evolve as the the year progresses because of things that arose that you had no ability to predict or predict accurately.

TheShadyGuy t1_j2fm1f8 wrote on December 31, 2022 at 10:31 PM

The high level company goals are not going to change, though, especially at a publicly traded company. Regardless of the adversity through the year, the goal will still be to make money. A business trying to lose as little money as possible instead of trying to make money will have some big changes coming.