No, the snap is set to be called ubuntu-budgie-welcome so the command name is not the same as the snap name (missing ubuntu-) and therefore will not be reduced from $snap.$command format.
If the app name matches the snap name, the app will be executed when the name of the snap is called. Otherwise, the executable will have the snap name and a dot prefixed to the app name.
Ohhhhh. Ok. That makes it clear. Thank you all. I was not realizing that the snap name was tied to the command name. I thought by specifically creating the command name… Thai would over ride it.