Contemporary Issues in Nursing Related

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The nurse manager meets with upper administration and learns that the strategic plan for nursing is to have 80% BSN staff within the next 3 years. The nurse manager then built her budget to meet the organization's strategic goal by providing tuition reimbursement and flexible work hours, which required some agency staffing. Which approach to budgeting is used?

  • A. Iterative
  • B. Top-down
  • C. Participatory
  • D. Zero-based
Correct Answer: C

Rationale: The correct answer is C: Participatory. The nurse manager involves staff in the budgeting process by allowing input through tuition reimbursement and flexible work hours. This approach promotes engagement and collaboration, aligning with the organization's strategic goal of increasing BSN staff. Participatory budgeting is characterized by involving stakeholders in decision-making, leading to buy-in and better implementation of the budget.

Summary of other choices:
A: Iterative - Involves repeating steps to refine the budget, not necessarily focused on stakeholder participation.
B: Top-down - Decision-making comes from upper management without much input from lower levels.
D: Zero-based - Requires justifying every expense from scratch, not necessarily involving staff input in decision-making.