THE IMPACT OF EFFECTIVE PLANNING AND CONTROL ON COST REDUCTION OF A MANUFACTURED COMPANY
ABSTRACT A company will have stated objectives, but the individual manager must interpret what company officials actually say and do. For example: chief executive financial officers (CFOs), backed by the law of the land, will usually stress their responsibility to the stockholders. But the company’s objectives are usually composites of many decisions, resulting in various cross-functional compromises. So in actual practice the CFO’s goal is to balance the objectives of ...
Read more