Tuesday 28, June 2011 by
Rising fuel prices are forcing CFOs to look for cost-cutting measures
A global survey of Chief Financial Officers (CFOs) has revealed that companies are increasingly adopting smarter measures to cope with the problem of rising cost of fuel. CFOs across Europe, US, and Asia are looking to alternatives like teleconferencing, reducing business travels, using more efficient shipping methods and increasing prices on products and services. These findings are included in the most recent Duke University/CFO Magazine Global Business Outlook Survey.
