Which of the following corporate travel policies is least likely to be cost-effective?
Which of the following corporate travel policies is least likely to be cost-effective?
Selecting the least expensive airline travel available, without regard to total travel time and distance, is least likely to be cost-effective. This approach can lead to increased overall travel time, which can result in higher employee downtime costs, potential missed business opportunities, and additional expenses for accommodations and other incidentals. Calculating the total cost, including employee time and possible productivity losses, is crucial to truly understand the cost-effectiveness of travel policies.
Can you please Reason why option C is correct
Consider the labor cost (and transit hotels and so on).
say an executive time is 1000 paid per day but he spent 2 days transiting to save 500 on airline travels so making it less cost effective