Research finds that reducing an organization's travel budget increases its revenue and profitability.

Question

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One study found that when a company reduces its travel budget for personal meetings,it loses both revenue and profits.In fact,if a company completely eliminated business travel,corporate profits could drop 17% in the first year,the study found,and it would take more than three years for profits to reach the same level as before.

Research Finds That Reducing an Organization's Travel Budget Increases Its