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The chief executive officer (CEO) of Rigid Plastics Corporation remarked to acolleague, "I do not understand why other companies waste so much time in the budgeting process. Iset our company goals, and everyone strives to meet them. What is wrong with that approach?" In groups of two or three students, write a memorandum to your instructor stating whether you agreewith this comment or not and explain why. The heading of the memorandum should contain the date,to whom it is written, from whom, and the subject matter.

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