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Find is the a reasonable attitude of a ceo

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Reference no: EM132559207

Alex Tse is the chief executive officer (CEO) of Maxwell Market Research Inc. In a recent conversation with his executive team in a board meeting, Alex made the following comments:

The whole budgeting process is a waste of time. I would rather manage my managers and finance staff focusing on improving the business performance than spending time putting together detailed budgeting schedules.

Required:

Question 1: Is this a reasonable attitude of a CEO? Discuss, with examples, to support your arguments

Reference no: EM132559207

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