About This Chapter
Chapter 20 completes our book by emphasizing the importance of reviewing our business plans for completeness and relevance. We also stress that, in volatile business environments, any management plan may become obsolete soon after it is issued; it is therefore important to develop a continuing policy for reviewing and updating its contents.
Thus, in this chapter, we return to the construction metaphor that we first introduced in chapter 1; we utilize it to describe appropriate plan review activities. We also highlight the most important management accounting techniques of each section of the business plan to illustrate how, as an integrated set of activities, they can serve ...