Budget slack Mike Shields was having dinner with one of his friends at a restaurant in Memphis….

Budget slack Mike Shields was having dinner with one of his friends at a restaurant in Memphis. His friend, Woody Brooks, a local manager of an express mail service, told Mike that he consistently overstated the amount of resources needed in his budget requests for his division. He also told Mike that year after year he was able to obtain the budget requested. When Mike asked him why he did this, Woody replied, “It’s a dog-eat-dog world out there. If I’m going to succeed and move up the ladder, I’ve got to perform well. Having those extra resources really helps!”

Required

Write an essay discussing Woody’s point of view related to budgeting. Is he justified in his approach? Explain.

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