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Like any other economic good, the control tools are costly and should be implemented only if the expected benefits exceed the costs. In some cases, directors also have professional certification that enables them to focus on establishing improvements and defining goals for the company. National standards promulgated by the federal government are very powerful, although national standards developed by voluntary organizations can often be easily side-stepped. Identify opportunities to make changes, cut costs and improve efficiencies where appropriate.

Pages: 269

Publisher: Deutscher Universitätsverlag; 1995 edition (November 15, 1995)

ISBN: 3824462532

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