Question
Measuring performance Ethan Coleman, the president and CEO of High-Tech Inc., recently stated: We are in the business of innovation! If we don't innovate and
Measuring performance
Ethan Coleman, the president and CEO of High-Tech Inc., recently stated:
We are in the business of innovation! If we don't innovate and encourage creative thinking in our employees, we are doomed.
Why should I encourage my staff to develop budgets and standards? This will limit their creativity. Budgets, performance measures and cost control are for traditional manufacturing organizations- Not for high-tech industries.
Do you agree with what Ethan says? Do you think it is important to have a management control system in high-tech companies?
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No Ethans perspective has some flaws While innovation is crucial in hightech companies a welldesigne...
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
