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17. Monicas Mantles planned to spend $100,000 designing new mantles to keep ahead of fashion trends. The company actually spent $75,000 resulting in fewer new
17. Monicas Mantles planned to spend $100,000 designing new mantles to keep ahead of fashion trends. The company actually spent $75,000 resulting in fewer new designs. Which of the following is the best assessment of this action?
Select one:
a. a good thing, as the company underspent its budget
b. a good thing, as keeping ahead of fashion trends is not important
c. a bad thing, as it will reduce the operating profit
d. a bad thing, as it means the company is not moving towards achieving its strategic objective
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