Most every firm has a budget.  In many cases, however, firms use them inappropriately.  In extreme cases, the way the budget is used by the firm might actually encourage incorrect decisions.  In this discussion, you will get a better feel for how to appropriately use budgets as a guide.
Explain why budgeting is important for a firm.  Do you think that a firms budget should ever be violated (exceeded)?  Explain your rationale.
Post your initial response to the discussion question no later than Thursday 11:59 PM EST/EDT