Final answer:
Budgeting is essential for aligning the various activities within a business to meet overall objectives, despite often requiring tough financial choices to be made.
Step-by-step explanation:
True. Budgeting indeed facilitates the coordination of activities within a business by correlating the goals of each segment with overall company objectives. A good budget allows for careful tracking of incoming and outgoing money, helping to identify any wasteful expenditures and ultimately assisting in achieving financial goals.
Despite the challenges that people may face with budgeting, such as the need to make choices and give up certain pleasures to stay within budget, the discipline it instills is crucial for financial health and alignment with business goals.