High performance companies are likely to place more emphasis on forecasting, planning, and business strategy than on cost management and cost accounting.

Question

Quizplus · Accepted Answer

High performance companies prioritize long-term planning and strategy over short-term cost-cutting measures. They recognize the importance of investing in their business to drive growth and profitability in the future. However, this does not mean that cost management and accounting are ignored, but rather they are balanced with long-term strategic priorities.

High Performance Companies Are Likely to Place More Emphasis on Forecasting