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InBev's Travel Policy Is a No-Frills Affair.

Authors :
Dalton, Matthew
Source :
Wall Street Journal - Eastern Edition. 7/8/2008, Vol. 252 Issue 6, pC14. 0p.
Publication Year :
2008

Abstract

The author comments on the travel policy of InBev NV in comparison with that of Anheuser-Busch Cos. as the two companies battle for investors. He asserts that cost-cutting is a major issue in InBev's $46.4 billion bid for Anheuser. He cites that InBev's travel policy calls for economy class for flights of six or fewer hours. He notes that the policy is popular for zero-base budgeting, in which managers must justify every expense anew every year, in contrast with Anheuser, which owns or leases a fleet of corporate aircraft.

Details

Language :
English
ISSN :
00999660
Volume :
252
Issue :
6
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
33207305