Question
Generally, companies use flexible budgets for different levels of production at different locations. This ordinarily enables the company to respond quickly to uncertain and differing
Generally, companies use flexible budgets for different levels of production at different locations. This ordinarily enables the company to respond quickly to uncertain and differing circumstances. On Nucors website, please read the 2017 Sustainability Report noting items for successful performance.
Examine Nucors website. What do you note on their website that would be indicative that Nucor uses flexible budgets. What is it about Nucor that positions the company to respond well to changing conditions?
Answer the following two questions:
- What signs or indications did you observe on Nucors website that they use flexible budgets? Secondarily, share insights relating to Nucors performance from their 2017 Sustainability Report.
- Comment on how Nucors performance weathered the coronavirus (COVID-19) pandemic.
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
4th Edition
0730382648, 978-0730382645
