Companies Will Spend on Travel Aimed at Boosting Revenue
The chief financial officers at eight of 10 companies surveyed globally this spring by American Express' Global Commercial Card Group and CFO Research Services said they're spending less to send employees to staff meetings, conferences, management retreats, training and feel-good corporate gatherings.
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Marty Kittrell, CFO at Dresser, a maker of industrial valves, told researchers that requests to travel internationally on business now go to a team of senior executives that includes the CEO.
Source: USA Today















