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This question is about employer.
What is a budget constraint?
A budget constraint is a budgetary term that refers to the number of items or resources businesses can afford within the amount of money that is available to them, in other words, their budget.
Using budget constraints helps organizations understand if they have enough capital budgeted to meet specific needs for their business. All types of factors are calculated into a budget, which then helps to determine budget constraints, including;
Employee salaries or wages
Supplies needed to run an operation
Resources needed to run an operation
Training material needed
Technology
Budget constraints can often result in the notification to senior management of an organization that the company needs additional funding for specific needs to be met.
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