In
<of5f9fc7b7.58700431-on48257a88.002b14ff-48257a88.002ea...@sg.ibm.com>,
on 09/29/2012
at 04:29 PM, Timothy Sipples1 <[email protected]> said:
>I'm beginning to wonder if good cost accounting and financial
>analysis are lost arts in many "western" corporations, in the
>"production" and "production-related" portions of their businesses.
If your bonuses are based on 90 day cash flow, what are you going to
optimise? As long as corporate decisions are driven by short term
fluctuations in the stock prices, you are going to see decisions with
adverse long-term consequences.
--
Shmuel (Seymour J.) Metz, SysProg and JOAT
Atid/2 <http://patriot.net/~shmuel>
We don't care. We don't have to care, we're Congress.
(S877: The Shut up and Eat Your spam act of 2003)
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