Cost cutting has become holy grail of corporate management

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Analyze the following comment: "Cost cutting has become the holy grail of corporate management; but what helps the financial statements up-front, in the short run, can end up hurting the business as a whole, in the long run."

 

In your discussion of this comment, consider the reasons why the corporate world of the U. S. is in this situation, what costs have become a problem and how you would turn this situation around for the benefit of corporate management.

Reference no: EM13747085

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