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Posts tagged with Underspending

Five areas businesses spend too much or too little

What single characteristic do successful companies share? The ability to allocate resources effectively.

Effective resource allocation maximizes return and minimizes waste. Yet allocating resources effectively is harder than it looks. There are a lot of motivations to overspend in certain areas and underspend in others. Here are five areas in which companies overspend, and five areas in which companies often underspend.