Cost consciousness should primarily:
A) Consist of crash programs and economy drives.
B) Be considered as an ongoing part of the supervisors' and employees' jobs.
C) Involve no flexibility in establishing budgets.
D) Be a retraining program for all supervisors.

Question

Quizplus · Accepted Answer

Cost consciousness should be considered an ongoing part of the supervisors' and employees' jobs. It should become an essential aspect of the company's culture and reflect in the attitudes and behaviors of everyone who works there. Engaging all employees in fostering cost-conscious attitudes and behaviors ensures that everyone in the organization is responsible for managing costs and improving efficiency. Crash programs, economy drives, and rigid budgeting models may provide short-term cost savings but do not create a sustainable cost-conscious culture within the organization. Additionally, cost-consciousness requires retraining and skill development for employees, but this training does not have to be limited to supervisors.

Cost Consciousness Should Primarily