Fitch just downgraded Greece to C from CCC, putting the debt-laden country deeper into junk territory. The action follows news that European leaders agreed on terms allowing for Greece to receive its second bailout.
There are two primary purposes of budgeting. The one most people think of first is to put a cap spending. But that’s only one reason why organizations (and people) budget.
The other reason why organizations budget is to ensure what’s important gets done. And let’s face it, just because something is important doesn’t mean it will get done. Unless it’s properly resourced and funded, it won’t happen. So let’s examine that crucial link between budgeting and execution.
If Volkswagen paid a record-breaking average of $3.5 million for a 30-second commercial spot that cost a grand total of $7 million for the minute-long ad, then Madonna’s roughly 13-minute-long halftime show performance is worth about $91 million.
We all know that meetings can be dull and boring. A new study shows that they can also make you stupid.