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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1181 |
Essay's paper body
In turn, managers can relate to the budget, and put forth greater efforts in achieving company goals.
3. Corporate managers at Citibank increased South East Asia’s profit goals by $4 million for 1984. They decided that Indonesia’s portion of the profits is projected to be between $500,000 and $1,000,000...
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They decided that Indonesia’s portion of the profits is projected to be between $500,000 and $1,000,000. Mr. Mistri, Citibank’s country manager for Indonesia, is faced with the problem of meeting expectations because the budget he made was already aggressive. He had set a high target in the first place considering growth and profits expected along with the risks involved...
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